{smcl}
{com}{sf}{ul off}{txt}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\dpeksen\Desktop\My Documents\Research Material\Sanctions\SanctionsandPropertyRights\Data and Do File\SENTReplication Data and Do Files\PeksenFPAReplicationLog.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res} 7 Jul 2014, 18:38:49

{com}. do "C:\Users\dpeksen\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. * Replication Do File for "How Do Target Leaders Survive Economic Sanctions?" 
. * TABLE 1 CIM MEASURE
. xtfevd cim lagsanction lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     4233{col 49}{txt}number of obs{col 69}={res}     4386
{txt}mean squared error{col 28}={res}  .004903{col 49}{txt}F( {res}15{txt}, {res}4233{txt}){col 69}={res}  7061.06
{txt}root mean squared error{col 28}={res} .0700212{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 21.50439{col 49}{txt}R-squared{col 69}={res} .8163563
{txt}Total Sum of Squares{col 28}={res} 117.0984{col 49}{txt}adj. R-squared{col 69}={res} .8158357
{txt}Estimation Sum of Squares{col 28}={res} 95.59404

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}     fevd
{col 1}         cim{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}lagsanction {c |}{col 14}{res}{space 2}-.0045054{col 26}{space 2}  .001721{col 37}{space 1}   -2.62{col 46}{space 3}0.009{col 54}{space 4}-.0078794{col 67}{space 3}-.0011313
{txt}{space 1}lagpolity21 {c |}{col 14}{res}{space 2}-.0002366{col 26}{space 2} .0001361{col 37}{space 1}   -1.74{col 46}{space 3}0.082{col 54}{space 4}-.0005035{col 67}{space 3} .0000302
{txt}laglndurable {c |}{col 14}{res}{space 2} .0018891{col 26}{space 2} .0006122{col 37}{space 1}    3.09{col 46}{space 3}0.002{col 54}{space 4} .0006889{col 67}{space 3} .0030893
{txt}lagincidence {c |}{col 14}{res}{space 2}-.0018907{col 26}{space 2} .0017272{col 37}{space 1}   -1.09{col 46}{space 3}0.274{col 54}{space 4}-.0052769{col 67}{space 3} .0014954
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .0044259{col 26}{space 2} .0000478{col 37}{space 1}   92.63{col 46}{space 3}0.000{col 54}{space 4} .0043322{col 67}{space 3} .0045195
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2} -.073221{col 26}{space 2}  .002213{col 37}{space 1}  -33.09{col 46}{space 3}0.000{col 54}{space 4}-.0775597{col 67}{space 3}-.0688823
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0546347{col 26}{space 2} .0012747{col 37}{space 1}   42.86{col 46}{space 3}0.000{col 54}{space 4} .0521357{col 67}{space 3} .0571336
{txt}{space 6}colfra {c |}{col 14}{res}{space 2} -.088294{col 26}{space 2} .0015282{col 37}{space 1}  -57.78{col 46}{space 3}0.000{col 54}{space 4}  -.09129{col 67}{space 3}-.0852979
{txt}{space 6}eeurop {c |}{col 14}{res}{space 2}-.2072915{col 26}{space 2}  .002439{col 37}{space 1}  -84.99{col 46}{space 3}0.000{col 54}{space 4}-.2120733{col 67}{space 3}-.2025098
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2} -.097092{col 26}{space 2} .0018826{col 37}{space 1}  -51.57{col 46}{space 3}0.000{col 54}{space 4}-.1007829{col 67}{space 3}-.0934011
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}-.1907621{col 26}{space 2} .0020336{col 37}{space 1}  -93.80{col 46}{space 3}0.000{col 54}{space 4}-.1947491{col 67}{space 3}-.1867751
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}-.1323991{col 26}{space 2} .0020459{col 37}{space 1}  -64.71{col 46}{space 3}0.000{col 54}{space 4}-.1364101{col 67}{space 3}-.1283881
{txt}{space 8}asia {c |}{col 14}{res}{space 2}-.1507317{col 26}{space 2}  .002077{col 37}{space 1}  -72.57{col 46}{space 3}0.000{col 54}{space 4}-.1548037{col 67}{space 3}-.1466598
{txt}{space 9}eta {c |}{col 14}{res}{space 2} .9104987{col 26}{space 2} .0043987{col 37}{space 1}  206.99{col 46}{space 3}0.000{col 54}{space 4}  .901875{col 67}{space 3} .9191224
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}   -7.869{col 26}{space 2} .0017283{col 37}{space 1}-4553.04{col 46}{space 3}0.000{col 54}{space 4}-7.872388{col 67}{space 3}-7.865611
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .8480279
{txt}log likelihood{col 40}= {res} 8639.185
{txt}number of iterations{col 40}= {res}        5
{txt}Durbin-Watson statistic (original){col 40}= {res}  .237695
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.995662

{txt}
{com}. xtfevd cim lagcompsanct laglimitsanct lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     4232{col 49}{txt}number of obs{col 69}={res}     4386
{txt}mean squared error{col 28}={res} .0048816{col 49}{txt}F( {res}16{txt}, {res}4232{txt}){col 69}={res} 6600.308
{txt}root mean squared error{col 28}={res} .0698683{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res}  21.4106{col 49}{txt}R-squared{col 69}={res} .8171471
{txt}Total Sum of Squares{col 28}={res} 117.0919{col 49}{txt}adj. R-squared{col 69}={res} .8165854
{txt}Estimation Sum of Squares{col 28}={res} 95.68132

{txt}{hline 14}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 15}{c |}{col 27}     fevd
{col 1}          cim{col 15}{c |}      Coef.{col 27}   Std. Err.{col 39}      t{col 47}   P>|t|{col 55}     [95% Con{col 68}f. Interval]
{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}lagcompsanct {c |}{col 15}{res}{space 2}-.0114869{col 27}{space 2} .0031432{col 38}{space 1}   -3.65{col 47}{space 3}0.000{col 55}{space 4}-.0176491{col 68}{space 3}-.0053247
{txt}laglimitsanct {c |}{col 15}{res}{space 2}-.0027884{col 27}{space 2} .0019259{col 38}{space 1}   -1.45{col 47}{space 3}0.148{col 55}{space 4}-.0065642{col 68}{space 3} .0009874
{txt}{space 2}lagpolity21 {c |}{col 15}{res}{space 2}-.0002412{col 27}{space 2} .0001362{col 38}{space 1}   -1.77{col 47}{space 3}0.077{col 55}{space 4}-.0005082{col 68}{space 3} .0000258
{txt}{space 1}laglndurable {c |}{col 15}{res}{space 2} .0018967{col 27}{space 2} .0006125{col 38}{space 1}    3.10{col 47}{space 3}0.002{col 55}{space 4} .0006959{col 68}{space 3} .0030976
{txt}{space 1}lagincidence {c |}{col 15}{res}{space 2}-.0017784{col 27}{space 2} .0017298{col 38}{space 1}   -1.03{col 47}{space 3}0.304{col 55}{space 4}-.0051697{col 68}{space 3} .0016129
{txt}{space 4}timetrend {c |}{col 15}{res}{space 2} .0044309{col 27}{space 2} .0000478{col 38}{space 1}   92.66{col 47}{space 3}0.000{col 55}{space 4} .0043371{col 68}{space 3} .0045246
{txt}{space 6}ethfrac {c |}{col 15}{res}{space 2}-.0730499{col 27}{space 2} .0022157{col 38}{space 1}  -32.97{col 47}{space 3}0.000{col 55}{space 4}-.0773939{col 68}{space 3}-.0687059
{txt}{space 6}colbrit {c |}{col 15}{res}{space 2}  .054682{col 27}{space 2} .0012748{col 38}{space 1}   42.89{col 47}{space 3}0.000{col 55}{space 4} .0521827{col 68}{space 3} .0571814
{txt}{space 7}colfra {c |}{col 15}{res}{space 2}-.0886772{col 27}{space 2} .0015288{col 38}{space 1}  -58.00{col 47}{space 3}0.000{col 55}{space 4}-.0916746{col 68}{space 3}-.0856799
{txt}{space 7}eeurop {c |}{col 15}{res}{space 2}-.2072491{col 27}{space 2} .0024408{col 38}{space 1}  -84.91{col 47}{space 3}0.000{col 55}{space 4}-.2120343{col 68}{space 3}-.2024639
{txt}{space 5}lamerica {c |}{col 15}{res}{space 2}-.0970154{col 27}{space 2}  .001883{col 38}{space 1}  -51.52{col 47}{space 3}0.000{col 55}{space 4}-.1007071{col 68}{space 3}-.0933237
{txt}{space 5}ssafrica {c |}{col 15}{res}{space 2} -.190618{col 27}{space 2} .0020337{col 38}{space 1}  -93.73{col 47}{space 3}0.000{col 55}{space 4}-.1946051{col 68}{space 3}-.1866309
{txt}{space 7}nafrme {c |}{col 15}{res}{space 2}-.1313693{col 27}{space 2} .0020486{col 38}{space 1}  -64.12{col 47}{space 3}0.000{col 55}{space 4}-.1353857{col 68}{space 3}-.1273529
{txt}{space 9}asia {c |}{col 15}{res}{space 2}-.1505897{col 27}{space 2} .0020786{col 38}{space 1}  -72.45{col 47}{space 3}0.000{col 55}{space 4} -.154665{col 68}{space 3}-.1465145
{txt}{space 10}eta {c |}{col 15}{res}{space 2} .9118583{col 27}{space 2} .0044062{col 38}{space 1}  206.95{col 47}{space 3}0.000{col 55}{space 4} .9032198{col 68}{space 3} .9204968
{txt}{space 8}_cons {c |}{col 15}{res}{space 2}-7.879009{col 27}{space 2} .0017283{col 38}{space 1}-4558.84{col 47}{space 3}0.000{col 55}{space 4}-7.882397{col 68}{space 3} -7.87562
{txt}{hline 14}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .8475461
{txt}log likelihood{col 40}= {res} 8640.307
{txt}number of iterations{col 40}= {res}        5
{txt}Durbin-Watson statistic (original){col 40}= {res} .2391118
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.997237

{txt}
{com}. xtfevd cim lmajsanct lminsanct lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     4232{col 49}{txt}number of obs{col 69}={res}     4386
{txt}mean squared error{col 28}={res}  .004884{col 49}{txt}F( {res}16{txt}, {res}4232{txt}){col 69}={res} 6585.731
{txt}root mean squared error{col 28}={res} .0698854{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 21.42107{col 49}{txt}R-squared{col 69}={res} .8170454
{txt}Total Sum of Squares{col 28}={res} 117.0841{col 49}{txt}adj. R-squared{col 69}={res} .8164834
{txt}Estimation Sum of Squares{col 28}={res} 95.66304

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}     fevd
{col 1}         cim{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 3}lmajsanct {c |}{col 14}{res}{space 2}-.0097385{col 26}{space 2} .0035812{col 37}{space 1}   -2.72{col 46}{space 3}0.007{col 54}{space 4}-.0167595{col 67}{space 3}-.0027175
{txt}{space 3}lminsanct {c |}{col 14}{res}{space 2}-.0013762{col 26}{space 2} .0018737{col 37}{space 1}   -0.73{col 46}{space 3}0.463{col 54}{space 4}-.0050497{col 67}{space 3} .0022973
{txt}{space 1}lagpolity21 {c |}{col 14}{res}{space 2}-.0002473{col 26}{space 2} .0001363{col 37}{space 1}   -1.81{col 46}{space 3}0.070{col 54}{space 4}-.0005145{col 67}{space 3}   .00002
{txt}laglndurable {c |}{col 14}{res}{space 2} .0019084{col 26}{space 2} .0006191{col 37}{space 1}    3.08{col 46}{space 3}0.002{col 54}{space 4} .0006946{col 67}{space 3} .0031222
{txt}lagincidence {c |}{col 14}{res}{space 2} -.001862{col 26}{space 2} .0017316{col 37}{space 1}   -1.08{col 46}{space 3}0.282{col 54}{space 4}-.0052569{col 67}{space 3} .0015329
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .0044276{col 26}{space 2} .0000479{col 37}{space 1}   92.36{col 46}{space 3}0.000{col 54}{space 4} .0043337{col 67}{space 3} .0045216
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2} -.073463{col 26}{space 2} .0022138{col 37}{space 1}  -33.18{col 46}{space 3}0.000{col 54}{space 4}-.0778032{col 67}{space 3}-.0691227
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2}  .054687{col 26}{space 2} .0012749{col 37}{space 1}   42.89{col 46}{space 3}0.000{col 54}{space 4} .0521875{col 67}{space 3} .0571866
{txt}{space 6}colfra {c |}{col 14}{res}{space 2}-.0882412{col 26}{space 2} .0015288{col 37}{space 1}  -57.72{col 46}{space 3}0.000{col 54}{space 4}-.0912384{col 67}{space 3}-.0852441
{txt}{space 6}eeurop {c |}{col 14}{res}{space 2}-.2071822{col 26}{space 2} .0024413{col 37}{space 1}  -84.87{col 46}{space 3}0.000{col 54}{space 4}-.2119684{col 67}{space 3}-.2023961
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2}-.0972455{col 26}{space 2} .0018833{col 37}{space 1}  -51.64{col 46}{space 3}0.000{col 54}{space 4}-.1009377{col 67}{space 3}-.0935533
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}-.1904657{col 26}{space 2} .0020343{col 37}{space 1}  -93.63{col 46}{space 3}0.000{col 54}{space 4} -.194454{col 67}{space 3}-.1864775
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2} -.133023{col 26}{space 2} .0020476{col 37}{space 1}  -64.97{col 46}{space 3}0.000{col 54}{space 4}-.1370373{col 67}{space 3}-.1290087
{txt}{space 8}asia {c |}{col 14}{res}{space 2}-.1510898{col 26}{space 2} .0020778{col 37}{space 1}  -72.72{col 46}{space 3}0.000{col 54}{space 4}-.1551634{col 67}{space 3}-.1470162
{txt}{space 9}eta {c |}{col 14}{res}{space 2} .9110361{col 26}{space 2} .0044035{col 37}{space 1}  206.89{col 46}{space 3}0.000{col 54}{space 4}  .902403{col 67}{space 3} .9196693
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-7.872549{col 26}{space 2} .0017281{col 37}{space 1}-4555.73{col 46}{space 3}0.000{col 54}{space 4}-7.875937{col 67}{space 3}-7.869161
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .8474317
{txt}log likelihood{col 40}= {res} 8639.009
{txt}number of iterations{col 40}= {res}        5
{txt}Durbin-Watson statistic (original){col 40}= {res} .2404293
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.995314

{txt}
{com}. xtfevd cim lagsanction lagmultilateral lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     4232{col 49}{txt}number of obs{col 69}={res}     4386
{txt}mean squared error{col 28}={res}  .004905{col 49}{txt}F( {res}16{txt}, {res}4232{txt}){col 69}={res} 6591.117
{txt}root mean squared error{col 28}={res} .0700357{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 21.51331{col 49}{txt}R-squared{col 69}={res}  .816266
{txt}Total Sum of Squares{col 28}={res} 117.0894{col 49}{txt}adj. R-squared{col 69}={res} .8157016
{txt}Estimation Sum of Squares{col 28}={res} 95.57611

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}     fevd
{col 1}            cim{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}lagsanction {c |}{col 17}{res}{space 2}-.0052629{col 29}{space 2} .0018127{col 40}{space 1}   -2.90{col 49}{space 3}0.004{col 57}{space 4}-.0088169{col 70}{space 3} -.001709
{txt}lagmultilateral {c |}{col 17}{res}{space 2}  .006723{col 29}{space 2} .0053137{col 40}{space 1}    1.27{col 49}{space 3}0.206{col 57}{space 4}-.0036946{col 70}{space 3} .0171406
{txt}{space 4}lagpolity21 {c |}{col 17}{res}{space 2}-.0002335{col 29}{space 2} .0001361{col 40}{space 1}   -1.72{col 49}{space 3}0.086{col 57}{space 4}-.0005004{col 70}{space 3} .0000334
{txt}{space 3}laglndurable {c |}{col 17}{res}{space 2} .0018967{col 29}{space 2} .0006123{col 40}{space 1}    3.10{col 49}{space 3}0.002{col 57}{space 4} .0006962{col 70}{space 3} .0030972
{txt}{space 3}lagincidence {c |}{col 17}{res}{space 2}-.0018462{col 29}{space 2} .0017321{col 40}{space 1}   -1.07{col 49}{space 3}0.287{col 57}{space 4}-.0052421{col 70}{space 3} .0015496
{txt}{space 6}timetrend {c |}{col 17}{res}{space 2} .0044242{col 29}{space 2} .0000478{col 40}{space 1}   92.54{col 49}{space 3}0.000{col 57}{space 4} .0043305{col 70}{space 3}  .004518
{txt}{space 8}ethfrac {c |}{col 17}{res}{space 2} -.073279{col 29}{space 2} .0022133{col 40}{space 1}  -33.11{col 49}{space 3}0.000{col 57}{space 4}-.0776182{col 70}{space 3}-.0689399
{txt}{space 8}colbrit {c |}{col 17}{res}{space 2} .0545727{col 29}{space 2} .0012749{col 40}{space 1}   42.81{col 49}{space 3}0.000{col 57}{space 4} .0520733{col 70}{space 3} .0570721
{txt}{space 9}colfra {c |}{col 17}{res}{space 2}-.0882902{col 29}{space 2} .0015284{col 40}{space 1}  -57.77{col 49}{space 3}0.000{col 57}{space 4}-.0912867{col 70}{space 3}-.0852937
{txt}{space 9}eeurop {c |}{col 17}{res}{space 2}-.2074216{col 29}{space 2} .0024393{col 40}{space 1}  -85.03{col 49}{space 3}0.000{col 57}{space 4} -.212204{col 70}{space 3}-.2026393
{txt}{space 7}lamerica {c |}{col 17}{res}{space 2}-.0970218{col 29}{space 2} .0018829{col 40}{space 1}  -51.53{col 49}{space 3}0.000{col 57}{space 4}-.1007132{col 70}{space 3}-.0933304
{txt}{space 7}ssafrica {c |}{col 17}{res}{space 2}-.1907447{col 29}{space 2} .0020339{col 40}{space 1}  -93.78{col 49}{space 3}0.000{col 57}{space 4}-.1947321{col 70}{space 3}-.1867572
{txt}{space 9}nafrme {c |}{col 17}{res}{space 2}-.1322479{col 29}{space 2} .0020463{col 40}{space 1}  -64.63{col 49}{space 3}0.000{col 57}{space 4}-.1362598{col 70}{space 3}-.1282361
{txt}{space 11}asia {c |}{col 17}{res}{space 2}-.1508252{col 29}{space 2} .0020776{col 40}{space 1}  -72.60{col 49}{space 3}0.000{col 57}{space 4}-.1548984{col 70}{space 3} -.146752
{txt}{space 12}eta {c |}{col 17}{res}{space 2} .9104204{col 29}{space 2}  .004399{col 40}{space 1}  206.96{col 49}{space 3}0.000{col 57}{space 4}  .901796{col 70}{space 3} .9190448
{txt}{space 10}_cons {c |}{col 17}{res}{space 2}-7.865828{col 29}{space 2} .0017285{col 40}{space 1}-4550.63{col 49}{space 3}0.000{col 57}{space 4}-7.869217{col 70}{space 3}-7.862439
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .8481299
{txt}log likelihood{col 40}= {res} 8639.275
{txt}number of iterations{col 40}= {res}        5
{txt}Durbin-Watson statistic (original){col 40}= {res} .2381098
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.995823

{txt}
{com}. xtfevd cim lagsanction lagUSsanctions lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     4232{col 49}{txt}number of obs{col 69}={res}     4386
{txt}mean squared error{col 28}={res} .0049017{col 49}{txt}F( {res}16{txt}, {res}4232{txt}){col 69}={res} 6590.235
{txt}root mean squared error{col 28}={res} .0700123{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 21.49898{col 49}{txt}R-squared{col 69}={res}  .816407
{txt}Total Sum of Squares{col 28}={res} 117.1013{col 49}{txt}adj. R-squared{col 69}={res}  .815843
{txt}Estimation Sum of Squares{col 28}={res} 95.60232

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}     fevd
{col 1}           cim{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 3}lagsanction {c |}{col 16}{res}{space 2}-.0017426{col 28}{space 2} .0034458{col 39}{space 1}   -0.51{col 48}{space 3}0.613{col 56}{space 4}-.0084982{col 69}{space 3}  .005013
{txt}lagUSsanctions {c |}{col 16}{res}{space 2} -.003684{col 28}{space 2} .0038652{col 39}{space 1}   -0.95{col 48}{space 3}0.341{col 56}{space 4}-.0112619{col 69}{space 3} .0038938
{txt}{space 3}lagpolity21 {c |}{col 16}{res}{space 2} -.000247{col 28}{space 2} .0001366{col 39}{space 1}   -1.81{col 48}{space 3}0.071{col 56}{space 4}-.0005147{col 69}{space 3} .0000207
{txt}{space 2}laglndurable {c |}{col 16}{res}{space 2} .0018625{col 28}{space 2} .0006127{col 39}{space 1}    3.04{col 48}{space 3}0.002{col 56}{space 4} .0006613{col 69}{space 3} .0030638
{txt}{space 2}lagincidence {c |}{col 16}{res}{space 2}-.0018935{col 28}{space 2} .0017284{col 39}{space 1}   -1.10{col 48}{space 3}0.273{col 56}{space 4} -.005282{col 69}{space 3}  .001495
{txt}{space 5}timetrend {c |}{col 16}{res}{space 2} .0044306{col 28}{space 2} .0000481{col 39}{space 1}   92.05{col 48}{space 3}0.000{col 56}{space 4} .0043362{col 69}{space 3}  .004525
{txt}{space 7}ethfrac {c |}{col 16}{res}{space 2}-.0731136{col 28}{space 2} .0022132{col 39}{space 1}  -33.04{col 48}{space 3}0.000{col 56}{space 4}-.0774527{col 69}{space 3}-.0687746
{txt}{space 7}colbrit {c |}{col 16}{res}{space 2} .0545408{col 28}{space 2} .0012747{col 39}{space 1}   42.79{col 48}{space 3}0.000{col 56}{space 4} .0520418{col 69}{space 3} .0570399
{txt}{space 8}colfra {c |}{col 16}{res}{space 2}-.0883863{col 28}{space 2} .0015283{col 39}{space 1}  -57.83{col 48}{space 3}0.000{col 56}{space 4}-.0913826{col 69}{space 3}  -.08539
{txt}{space 8}eeurop {c |}{col 16}{res}{space 2} -.207657{col 28}{space 2} .0024393{col 39}{space 1}  -85.13{col 48}{space 3}0.000{col 56}{space 4}-.2124394{col 69}{space 3}-.2028746
{txt}{space 6}lamerica {c |}{col 16}{res}{space 2}-.0969401{col 28}{space 2} .0018829{col 39}{space 1}  -51.49{col 48}{space 3}0.000{col 56}{space 4}-.1006315{col 69}{space 3}-.0932487
{txt}{space 6}ssafrica {c |}{col 16}{res}{space 2}-.1907532{col 28}{space 2} .0020338{col 39}{space 1}  -93.79{col 48}{space 3}0.000{col 56}{space 4}-.1947405{col 69}{space 3} -.186766
{txt}{space 8}nafrme {c |}{col 16}{res}{space 2}-.1325728{col 28}{space 2}  .002046{col 39}{space 1}  -64.80{col 48}{space 3}0.000{col 56}{space 4} -.136584{col 69}{space 3}-.1285616
{txt}{space 10}asia {c |}{col 16}{res}{space 2} -.150695{col 28}{space 2} .0020771{col 39}{space 1}  -72.55{col 48}{space 3}0.000{col 56}{space 4}-.1547671{col 69}{space 3}-.1466228
{txt}{space 11}eta {c |}{col 16}{res}{space 2}  .910292{col 28}{space 2} .0043986{col 39}{space 1}  206.95{col 48}{space 3}0.000{col 56}{space 4} .9016685{col 69}{space 3} .9189155
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-7.878245{col 28}{space 2} .0017286{col 39}{space 1}-4557.51{col 48}{space 3}0.000{col 56}{space 4}-7.881634{col 69}{space 3}-7.874856
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .8479761
{txt}log likelihood{col 40}= {res} 8639.288
{txt}number of iterations{col 40}= {res}        5
{txt}Durbin-Watson statistic (original){col 40}= {res} .2377448
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.995497

{txt}
{com}. 
. * Table 2 CIM MEASURE - FIRST DIFFERENCED 
. xtreg d.cim sanction polity21 lndurable incidence ethfrac colbrit colfra timetrend l.cim eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     4289
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      129

{txt}R-sq:  within  = {res}0.0885                         {txt}Obs per group: min = {res}        6
{txt}       between = {res}0.1227                                        {txt}avg = {res}     33.2
{txt}       overall = {res}0.0359                                        {txt}max = {res}       44

                                                {txt}Wald chi2({res}14{txt})      = {res}   159.05
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}       D.cim{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}sanction {c |}{col 14}{res}{space 2}-.0025577{col 26}{space 2}  .001541{col 37}{space 1}   -1.66{col 46}{space 3}0.097{col 54}{space 4} -.005578{col 67}{space 3} .0004626
{txt}{space 4}polity21 {c |}{col 14}{res}{space 2} .0000462{col 26}{space 2} .0000991{col 37}{space 1}    0.47{col 46}{space 3}0.641{col 54}{space 4}-.0001481{col 67}{space 3} .0002406
{txt}{space 3}lndurable {c |}{col 14}{res}{space 2} .0008232{col 26}{space 2} .0005182{col 37}{space 1}    1.59{col 46}{space 3}0.112{col 54}{space 4}-.0001924{col 67}{space 3} .0018388
{txt}{space 3}incidence {c |}{col 14}{res}{space 2}-.0028241{col 26}{space 2} .0014918{col 37}{space 1}   -1.89{col 46}{space 3}0.058{col 54}{space 4} -.005748{col 67}{space 3} .0000998
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2} -.001865{col 26}{space 2}   .00246{col 37}{space 1}   -0.76{col 46}{space 3}0.448{col 54}{space 4}-.0066866{col 67}{space 3} .0029565
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0010197{col 26}{space 2} .0014206{col 37}{space 1}    0.72{col 46}{space 3}0.473{col 54}{space 4}-.0017646{col 67}{space 3} .0038039
{txt}{space 6}colfra {c |}{col 14}{res}{space 2}-.0035273{col 26}{space 2} .0017281{col 37}{space 1}   -2.04{col 46}{space 3}0.041{col 54}{space 4}-.0069144{col 67}{space 3}-.0001403
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .0001216{col 26}{space 2} .0000515{col 37}{space 1}    2.36{col 46}{space 3}0.018{col 54}{space 4} .0000206{col 67}{space 3} .0002226
{txt}{space 12} {c |}
{space 9}cim {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} -.049515{col 26}{space 2} .0043232{col 37}{space 1}  -11.45{col 46}{space 3}0.000{col 54}{space 4}-.0579882{col 67}{space 3}-.0410418
{txt}{space 12} {c |}
{space 6}eeurop {c |}{col 14}{res}{space 2}-.0081586{col 26}{space 2} .0032547{col 37}{space 1}   -2.51{col 46}{space 3}0.012{col 54}{space 4}-.0145377{col 67}{space 3}-.0017796
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2} .0004718{col 26}{space 2} .0024425{col 37}{space 1}    0.19{col 46}{space 3}0.847{col 54}{space 4}-.0043153{col 67}{space 3}  .005259
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}-.0059573{col 26}{space 2} .0029113{col 37}{space 1}   -2.05{col 46}{space 3}0.041{col 54}{space 4}-.0116633{col 67}{space 3}-.0002513
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}-.0004894{col 26}{space 2}  .002874{col 37}{space 1}   -0.17{col 46}{space 3}0.865{col 54}{space 4}-.0061222{col 67}{space 3} .0051435
{txt}{space 8}asia {c |}{col 14}{res}{space 2} .0001441{col 26}{space 2}  .002771{col 37}{space 1}    0.05{col 46}{space 3}0.959{col 54}{space 4}-.0052869{col 67}{space 3} .0055751
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.1977829{col 26}{space 2} .1000706{col 37}{space 1}   -1.98{col 46}{space 3}0.048{col 54}{space 4}-.3939176{col 67}{space 3}-.0016482
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res}         0
     {txt}sigma_e {c |} {res} .03374167
         {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. xtreg d.cim compsanct limitsanct lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend l.cim eeurop lamerica ssafrica nafrme asia 
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     4412
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      129

{txt}R-sq:  within  = {res}0.0894                         {txt}Obs per group: min = {res}        7
{txt}       between = {res}0.1032                                        {txt}avg = {res}     34.2
{txt}       overall = {res}0.0356                                        {txt}max = {res}       45

                                                {txt}Wald chi2({res}15{txt})      = {res}   179.45
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}       D.cim{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 3}compsanct {c |}{col 14}{res}{space 2} -.007508{col 26}{space 2} .0027416{col 37}{space 1}   -2.74{col 46}{space 3}0.006{col 54}{space 4}-.0128814{col 67}{space 3}-.0021345
{txt}{space 2}limitsanct {c |}{col 14}{res}{space 2}-.0020305{col 26}{space 2} .0017585{col 37}{space 1}   -1.15{col 46}{space 3}0.248{col 54}{space 4} -.005477{col 67}{space 3}  .001416
{txt}{space 1}lagpolity21 {c |}{col 14}{res}{space 2} .0000362{col 26}{space 2} .0001015{col 37}{space 1}    0.36{col 46}{space 3}0.722{col 54}{space 4}-.0001628{col 67}{space 3} .0002352
{txt}laglndurable {c |}{col 14}{res}{space 2}  .000405{col 26}{space 2} .0005212{col 37}{space 1}    0.78{col 46}{space 3}0.437{col 54}{space 4}-.0006165{col 67}{space 3} .0014264
{txt}lagincidence {c |}{col 14}{res}{space 2}-.0023518{col 26}{space 2} .0015169{col 37}{space 1}   -1.55{col 46}{space 3}0.121{col 54}{space 4}-.0053248{col 67}{space 3} .0006213
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2}-.0022452{col 26}{space 2} .0026498{col 37}{space 1}   -0.85{col 46}{space 3}0.397{col 54}{space 4}-.0074387{col 67}{space 3} .0029484
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0015528{col 26}{space 2} .0015307{col 37}{space 1}    1.01{col 46}{space 3}0.310{col 54}{space 4}-.0014473{col 67}{space 3} .0045529
{txt}{space 6}colfra {c |}{col 14}{res}{space 2} -.004366{col 26}{space 2} .0018614{col 37}{space 1}   -2.35{col 46}{space 3}0.019{col 54}{space 4}-.0080142{col 67}{space 3}-.0007178
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .0001532{col 26}{space 2} .0000502{col 37}{space 1}    3.05{col 46}{space 3}0.002{col 54}{space 4} .0000548{col 67}{space 3} .0002516
{txt}{space 12} {c |}
{space 9}cim {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.0553091{col 26}{space 2} .0044982{col 37}{space 1}  -12.30{col 46}{space 3}0.000{col 54}{space 4}-.0641253{col 67}{space 3}-.0464928
{txt}{space 12} {c |}
{space 6}eeurop {c |}{col 14}{res}{space 2}-.0096827{col 26}{space 2} .0033805{col 37}{space 1}   -2.86{col 46}{space 3}0.004{col 54}{space 4}-.0163084{col 67}{space 3} -.003057
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2}-.0011371{col 26}{space 2} .0026258{col 37}{space 1}   -0.43{col 46}{space 3}0.665{col 54}{space 4}-.0062837{col 67}{space 3} .0040094
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}-.0079821{col 26}{space 2} .0031024{col 37}{space 1}   -2.57{col 46}{space 3}0.010{col 54}{space 4}-.0140626{col 67}{space 3}-.0019016
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}-.0012129{col 26}{space 2} .0031014{col 37}{space 1}   -0.39{col 46}{space 3}0.696{col 54}{space 4}-.0072916{col 67}{space 3} .0048657
{txt}{space 8}asia {c |}{col 14}{res}{space 2}-.0016532{col 26}{space 2} .0029617{col 37}{space 1}   -0.56{col 46}{space 3}0.577{col 54}{space 4}-.0074581{col 67}{space 3} .0041516
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.2532858{col 26}{space 2} .0972722{col 37}{space 1}   -2.60{col 46}{space 3}0.009{col 54}{space 4}-.4439358{col 67}{space 3}-.0626358
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .00253837
     {txt}sigma_e {c |} {res} .03345498
         {txt}rho {c |} {res} .00572396{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. xtreg d.cim majsanct minsanct polity21 lndurable incidence ethfrac colbrit colfra timetrend l.cim eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     4413
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      129

{txt}R-sq:  within  = {res}0.0896                         {txt}Obs per group: min = {res}        7
{txt}       between = {res}0.1136                                        {txt}avg = {res}     34.2
{txt}       overall = {res}0.0365                                        {txt}max = {res}       45

                                                {txt}Wald chi2({res}15{txt})      = {res}   181.61
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}       D.cim{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}majsanct {c |}{col 14}{res}{space 2}-.0108844{col 26}{space 2} .0033792{col 37}{space 1}   -3.22{col 46}{space 3}0.001{col 54}{space 4}-.0175075{col 67}{space 3}-.0042613
{txt}{space 4}minsanct {c |}{col 14}{res}{space 2}-.0014778{col 26}{space 2} .0016795{col 37}{space 1}   -0.88{col 46}{space 3}0.379{col 54}{space 4}-.0047696{col 67}{space 3} .0018139
{txt}{space 4}polity21 {c |}{col 14}{res}{space 2} 9.08e-07{col 26}{space 2}  .000101{col 37}{space 1}    0.01{col 46}{space 3}0.993{col 54}{space 4}-.0001971{col 67}{space 3} .0001989
{txt}{space 3}lndurable {c |}{col 14}{res}{space 2} .0006511{col 26}{space 2} .0005281{col 37}{space 1}    1.23{col 46}{space 3}0.218{col 54}{space 4} -.000384{col 67}{space 3} .0016861
{txt}{space 3}incidence {c |}{col 14}{res}{space 2}-.0026043{col 26}{space 2} .0015011{col 37}{space 1}   -1.73{col 46}{space 3}0.083{col 54}{space 4}-.0055463{col 67}{space 3} .0003377
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2}-.0023254{col 26}{space 2} .0026129{col 37}{space 1}   -0.89{col 46}{space 3}0.373{col 54}{space 4}-.0074467{col 67}{space 3} .0027958
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0014711{col 26}{space 2} .0015065{col 37}{space 1}    0.98{col 46}{space 3}0.329{col 54}{space 4}-.0014816{col 67}{space 3} .0044239
{txt}{space 6}colfra {c |}{col 14}{res}{space 2}-.0043452{col 26}{space 2} .0018303{col 37}{space 1}   -2.37{col 46}{space 3}0.018{col 54}{space 4}-.0079325{col 67}{space 3}-.0007578
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2}  .000161{col 26}{space 2} .0000506{col 37}{space 1}    3.18{col 46}{space 3}0.001{col 54}{space 4} .0000619{col 67}{space 3} .0002602
{txt}{space 12} {c |}
{space 9}cim {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.0550884{col 26}{space 2} .0044705{col 37}{space 1}  -12.32{col 46}{space 3}0.000{col 54}{space 4}-.0638506{col 67}{space 3}-.0463263
{txt}{space 12} {c |}
{space 6}eeurop {c |}{col 14}{res}{space 2}-.0091438{col 26}{space 2}  .003331{col 37}{space 1}   -2.75{col 46}{space 3}0.006{col 54}{space 4}-.0156724{col 67}{space 3}-.0026153
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2}-.0008579{col 26}{space 2} .0025947{col 37}{space 1}   -0.33{col 46}{space 3}0.741{col 54}{space 4}-.0059435{col 67}{space 3} .0042276
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2} -.007409{col 26}{space 2} .0030527{col 37}{space 1}   -2.43{col 46}{space 3}0.015{col 54}{space 4}-.0133922{col 67}{space 3}-.0014258
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}-.0022035{col 26}{space 2} .0030445{col 37}{space 1}   -0.72{col 46}{space 3}0.469{col 54}{space 4}-.0081705{col 67}{space 3} .0037636
{txt}{space 8}asia {c |}{col 14}{res}{space 2}-.0017127{col 26}{space 2} .0029322{col 37}{space 1}   -0.58{col 46}{space 3}0.559{col 54}{space 4}-.0074597{col 67}{space 3} .0040343
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.2693451{col 26}{space 2} .0979664{col 37}{space 1}   -2.75{col 46}{space 3}0.006{col 54}{space 4}-.4613557{col 67}{space 3}-.0773346
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .00231144
     {txt}sigma_e {c |} {res} .03342139
         {txt}rho {c |} {res} .00476042{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. xtreg d.cim sanction multilateral polity21 lndurable incidence ethfrac colbrit colfra timetrend l.cim eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     4289
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      129

{txt}R-sq:  within  = {res}0.0875                         {txt}Obs per group: min = {res}        6
{txt}       between = {res}0.1344                                        {txt}avg = {res}     33.2
{txt}       overall = {res}0.0365                                        {txt}max = {res}       44

                                                {txt}Wald chi2({res}15{txt})      = {res}   161.66
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}       D.cim{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}sanction {c |}{col 14}{res}{space 2}-.0018082{col 26}{space 2} .0016106{col 37}{space 1}   -1.12{col 46}{space 3}0.262{col 54}{space 4} -.004965{col 67}{space 3} .0013485
{txt}multilateral {c |}{col 14}{res}{space 2}-.0071878{col 26}{space 2} .0045004{col 37}{space 1}   -1.60{col 46}{space 3}0.110{col 54}{space 4}-.0160085{col 67}{space 3} .0016329
{txt}{space 4}polity21 {c |}{col 14}{res}{space 2} .0000423{col 26}{space 2} .0000992{col 37}{space 1}    0.43{col 46}{space 3}0.670{col 54}{space 4}-.0001521{col 67}{space 3} .0002366
{txt}{space 3}lndurable {c |}{col 14}{res}{space 2} .0007582{col 26}{space 2} .0005197{col 37}{space 1}    1.46{col 46}{space 3}0.145{col 54}{space 4}-.0002603{col 67}{space 3} .0017768
{txt}{space 3}incidence {c |}{col 14}{res}{space 2} -.003101{col 26}{space 2} .0015016{col 37}{space 1}   -2.07{col 46}{space 3}0.039{col 54}{space 4}-.0060441{col 67}{space 3} -.000158
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2}-.0016932{col 26}{space 2} .0024619{col 37}{space 1}   -0.69{col 46}{space 3}0.492{col 54}{space 4}-.0065185{col 67}{space 3} .0031322
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0010917{col 26}{space 2}  .001421{col 37}{space 1}    0.77{col 46}{space 3}0.442{col 54}{space 4}-.0016934{col 67}{space 3} .0038769
{txt}{space 6}colfra {c |}{col 14}{res}{space 2}-.0035745{col 26}{space 2} .0017281{col 37}{space 1}   -2.07{col 46}{space 3}0.039{col 54}{space 4}-.0069614{col 67}{space 3}-.0001875
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .0001261{col 26}{space 2} .0000516{col 37}{space 1}    2.44{col 46}{space 3}0.015{col 54}{space 4} .0000249{col 67}{space 3} .0002272
{txt}{space 12} {c |}
{space 9}cim {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.0495559{col 26}{space 2} .0043224{col 37}{space 1}  -11.46{col 46}{space 3}0.000{col 54}{space 4}-.0580277{col 67}{space 3} -.041084
{txt}{space 12} {c |}
{space 6}eeurop {c |}{col 14}{res}{space 2}-.0082174{col 26}{space 2} .0032543{col 37}{space 1}   -2.53{col 46}{space 3}0.012{col 54}{space 4}-.0145957{col 67}{space 3}-.0018391
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2} .0002774{col 26}{space 2} .0024451{col 37}{space 1}    0.11{col 46}{space 3}0.910{col 54}{space 4}-.0045149{col 67}{space 3} .0050696
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}-.0061008{col 26}{space 2} .0029122{col 37}{space 1}   -2.09{col 46}{space 3}0.036{col 54}{space 4}-.0118085{col 67}{space 3} -.000393
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}-.0006855{col 26}{space 2} .0028761{col 37}{space 1}   -0.24{col 46}{space 3}0.812{col 54}{space 4}-.0063225{col 67}{space 3} .0049515
{txt}{space 8}asia {c |}{col 14}{res}{space 2} .0001972{col 26}{space 2} .0027707{col 37}{space 1}    0.07{col 46}{space 3}0.943{col 54}{space 4}-.0052332{col 67}{space 3} .0056276
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.2063307{col 26}{space 2} .1001955{col 37}{space 1}   -2.06{col 46}{space 3}0.039{col 54}{space 4}-.4027101{col 67}{space 3}-.0099512
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res}         0
     {txt}sigma_e {c |} {res} .03374043
         {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. xtreg d.cim sanction sanction_us polity21 lndurable lagincidence ethfrac colbrit colfra timetrend l.cim eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     4289
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      129

{txt}R-sq:  within  = {res}0.0890                         {txt}Obs per group: min = {res}        6
{txt}       between = {res}0.1206                                        {txt}avg = {res}     33.2
{txt}       overall = {res}0.0358                                        {txt}max = {res}       44

                                                {txt}Wald chi2({res}15{txt})      = {res}   158.71
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}       D.cim{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}sanction {c |}{col 14}{res}{space 2} -.002579{col 26}{space 2} .0027546{col 37}{space 1}   -0.94{col 46}{space 3}0.349{col 54}{space 4}-.0079779{col 67}{space 3} .0028199
{txt}{space 1}sanction_us {c |}{col 14}{res}{space 2} 7.12e-06{col 26}{space 2} .0031598{col 37}{space 1}    0.00{col 46}{space 3}0.998{col 54}{space 4} -.006186{col 67}{space 3} .0062003
{txt}{space 4}polity21 {c |}{col 14}{res}{space 2} .0000454{col 26}{space 2}  .000102{col 37}{space 1}    0.45{col 46}{space 3}0.656{col 54}{space 4}-.0001545{col 67}{space 3} .0002453
{txt}{space 3}lndurable {c |}{col 14}{res}{space 2} .0008195{col 26}{space 2} .0005192{col 37}{space 1}    1.58{col 46}{space 3}0.114{col 54}{space 4}-.0001981{col 67}{space 3}  .001837
{txt}lagincidence {c |}{col 14}{res}{space 2}-.0027194{col 26}{space 2} .0015002{col 37}{space 1}   -1.81{col 46}{space 3}0.070{col 54}{space 4}-.0056597{col 67}{space 3}  .000221
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2}-.0018887{col 26}{space 2} .0024629{col 37}{space 1}   -0.77{col 46}{space 3}0.443{col 54}{space 4}-.0067159{col 67}{space 3} .0029385
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0010253{col 26}{space 2}  .001422{col 37}{space 1}    0.72{col 46}{space 3}0.471{col 54}{space 4}-.0017617{col 67}{space 3} .0038123
{txt}{space 6}colfra {c |}{col 14}{res}{space 2}-.0035199{col 26}{space 2} .0017328{col 37}{space 1}   -2.03{col 46}{space 3}0.042{col 54}{space 4}-.0069161{col 67}{space 3}-.0001237
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .0001231{col 26}{space 2} .0000522{col 37}{space 1}    2.36{col 46}{space 3}0.018{col 54}{space 4} .0000209{col 67}{space 3} .0002254
{txt}{space 12} {c |}
{space 9}cim {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.0495505{col 26}{space 2} .0043312{col 37}{space 1}  -11.44{col 46}{space 3}0.000{col 54}{space 4}-.0580395{col 67}{space 3}-.0410614
{txt}{space 12} {c |}
{space 6}eeurop {c |}{col 14}{res}{space 2}-.0081709{col 26}{space 2}  .003284{col 37}{space 1}   -2.49{col 46}{space 3}0.013{col 54}{space 4}-.0146075{col 67}{space 3}-.0017344
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2} .0004455{col 26}{space 2} .0024429{col 37}{space 1}    0.18{col 46}{space 3}0.855{col 54}{space 4}-.0043425{col 67}{space 3} .0052334
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}  -.00599{col 26}{space 2} .0029194{col 37}{space 1}   -2.05{col 46}{space 3}0.040{col 54}{space 4}-.0117118{col 67}{space 3}-.0002681
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}  -.00053{col 26}{space 2} .0028998{col 37}{space 1}   -0.18{col 46}{space 3}0.855{col 54}{space 4}-.0062134{col 67}{space 3} .0051534
{txt}{space 8}asia {c |}{col 14}{res}{space 2} .0000986{col 26}{space 2} .0027729{col 37}{space 1}    0.04{col 46}{space 3}0.972{col 54}{space 4}-.0053361{col 67}{space 3} .0055334
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.2007344{col 26}{space 2} .1012759{col 37}{space 1}   -1.98{col 46}{space 3}0.047{col 54}{space 4}-.3992316{col 67}{space 3}-.0022372
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res}         0
     {txt}sigma_e {c |} {res} .03374422
         {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. * Table 3 ICRG INVST MODEL
. xtfevd icrginvstprof lagsanction lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     2286{col 49}{txt}number of obs{col 69}={res}     2428
{txt}mean squared error{col 28}={res} 2.338525{col 49}{txt}F( {res}15{txt}, {res}2286{txt}){col 69}={res}  732.673
{txt}root mean squared error{col 28}={res} 1.529224{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 5677.939{col 49}{txt}R-squared{col 69}={res}   .58543
{txt}Total Sum of Squares{col 28}={res} 13695.97{col 49}{txt}adj. R-squared{col 69}={res} .5832538
{txt}Estimation Sum of Squares{col 28}={res} 8018.032

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}     fevd
{col 1}icrginvstp~f{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}lagsanction {c |}{col 14}{res}{space 2}-.2781594{col 26}{space 2} .0645636{col 37}{space 1}   -4.31{col 46}{space 3}0.000{col 54}{space 4}-.4047689{col 67}{space 3}  -.15155
{txt}{space 1}lagpolity21 {c |}{col 14}{res}{space 2} .0221488{col 26}{space 2} .0056588{col 37}{space 1}    3.91{col 46}{space 3}0.000{col 54}{space 4} .0110518{col 67}{space 3} .0332457
{txt}laglndurable {c |}{col 14}{res}{space 2} .1976457{col 26}{space 2} .0238001{col 37}{space 1}    8.30{col 46}{space 3}0.000{col 54}{space 4} .1509737{col 67}{space 3} .2443178
{txt}lagincidence {c |}{col 14}{res}{space 2}-.0178759{col 26}{space 2} .0690087{col 37}{space 1}   -0.26{col 46}{space 3}0.796{col 54}{space 4}-.1532021{col 67}{space 3} .1174502
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .1482401{col 26}{space 2}   .00291{col 37}{space 1}   50.94{col 46}{space 3}0.000{col 54}{space 4} .1425336{col 67}{space 3} .1539466
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2}  .195538{col 26}{space 2}  .086375{col 37}{space 1}    2.26{col 46}{space 3}0.024{col 54}{space 4} .0261565{col 67}{space 3} .3649195
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0655707{col 26}{space 2}  .048411{col 37}{space 1}    1.35{col 46}{space 3}0.176{col 54}{space 4}-.0293634{col 67}{space 3} .1605049
{txt}{space 6}colfra {c |}{col 14}{res}{space 2}-.0932982{col 26}{space 2} .0635716{col 37}{space 1}   -1.47{col 46}{space 3}0.142{col 54}{space 4}-.2179622{col 67}{space 3} .0313658
{txt}{space 6}eeurop {c |}{col 14}{res}{space 2}-1.354644{col 26}{space 2} .0826609{col 37}{space 1}  -16.39{col 46}{space 3}0.000{col 54}{space 4}-1.516742{col 67}{space 3}-1.192545
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2}-2.089871{col 26}{space 2} .0621579{col 37}{space 1}  -33.62{col 46}{space 3}0.000{col 54}{space 4}-2.211763{col 67}{space 3}-1.967979
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}-2.422022{col 26}{space 2} .0787147{col 37}{space 1}  -30.77{col 46}{space 3}0.000{col 54}{space 4}-2.576382{col 67}{space 3}-2.267662
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}-1.308345{col 26}{space 2} .0712511{col 37}{space 1}  -18.36{col 46}{space 3}0.000{col 54}{space 4}-1.448069{col 67}{space 3}-1.168622
{txt}{space 8}asia {c |}{col 14}{res}{space 2}-1.835681{col 26}{space 2} .0704233{col 37}{space 1}  -26.07{col 46}{space 3}0.000{col 54}{space 4}-1.973781{col 67}{space 3}-1.697581
{txt}{space 9}eta {c |}{col 14}{res}{space 2}  .726034{col 26}{space 2}  .014134{col 37}{space 1}   51.37{col 46}{space 3}0.000{col 54}{space 4} .6983171{col 67}{space 3} .7537508
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-288.1089{col 26}{space 2} .0714913{col 37}{space 1}-4029.99{col 46}{space 3}0.000{col 54}{space 4}-288.2491{col 67}{space 3}-287.9687
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res}  .780614
{txt}log likelihood{col 40}= {res} -3265.66
{txt}number of iterations{col 40}= {res}        7
{txt}Durbin-Watson statistic (original){col 40}= {res} .4182392
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.512804

{txt}
{com}. xtfevd icrginvstprof lagcompsanct laglimitsanct lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     2285{col 49}{txt}number of obs{col 69}={res}     2428
{txt}mean squared error{col 28}={res} 2.312757{col 49}{txt}F( {res}16{txt}, {res}2285{txt}){col 69}={res} 686.8851
{txt}root mean squared error{col 28}={res} 1.520775{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 5615.373{col 49}{txt}R-squared{col 69}={res} .5895466
{txt}Total Sum of Squares{col 28}={res}  13680.9{col 49}{txt}adj. R-squared{col 69}={res} .5872114
{txt}Estimation Sum of Squares{col 28}={res}  8065.53

{txt}{hline 14}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 15}{c |}{col 27}     fevd
{col 1}icrginvstprof{col 15}{c |}      Coef.{col 27}   Std. Err.{col 39}      t{col 47}   P>|t|{col 55}     [95% Con{col 68}f. Interval]
{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}lagcompsanct {c |}{col 15}{res}{space 2}-.7669666{col 27}{space 2} .1145922{col 38}{space 1}   -6.69{col 47}{space 3}0.000{col 55}{space 4}-.9916822{col 68}{space 3} -.542251
{txt}laglimitsanct {c |}{col 15}{res}{space 2}-.2409938{col 27}{space 2} .0689253{col 38}{space 1}   -3.50{col 47}{space 3}0.000{col 55}{space 4}-.3761564{col 68}{space 3}-.1058312
{txt}{space 2}lagpolity21 {c |}{col 15}{res}{space 2} .0211338{col 27}{space 2} .0056763{col 38}{space 1}    3.72{col 47}{space 3}0.000{col 55}{space 4} .0100026{col 68}{space 3} .0322649
{txt}{space 1}laglndurable {c |}{col 15}{res}{space 2} .1990695{col 27}{space 2} .0238743{col 38}{space 1}    8.34{col 47}{space 3}0.000{col 55}{space 4} .1522518{col 68}{space 3} .2458871
{txt}{space 1}lagincidence {c |}{col 15}{res}{space 2}-.0060408{col 27}{space 2} .0689777{col 38}{space 1}   -0.09{col 47}{space 3}0.930{col 55}{space 4}-.1413062{col 68}{space 3} .1292247
{txt}{space 4}timetrend {c |}{col 15}{res}{space 2} .1493192{col 27}{space 2} .0029157{col 38}{space 1}   51.21{col 47}{space 3}0.000{col 55}{space 4} .1436015{col 68}{space 3} .1550369
{txt}{space 6}ethfrac {c |}{col 15}{res}{space 2} .1761752{col 27}{space 2} .0866586{col 38}{space 1}    2.03{col 47}{space 3}0.042{col 55}{space 4} .0062376{col 68}{space 3} .3461129
{txt}{space 6}colbrit {c |}{col 15}{res}{space 2} .0221839{col 27}{space 2} .0485508{col 38}{space 1}    0.46{col 47}{space 3}0.648{col 55}{space 4}-.0730243{col 68}{space 3} .1173921
{txt}{space 7}colfra {c |}{col 15}{res}{space 2}-.1743531{col 27}{space 2} .0638382{col 38}{space 1}   -2.73{col 47}{space 3}0.006{col 55}{space 4}-.2995401{col 68}{space 3}-.0491661
{txt}{space 7}eeurop {c |}{col 15}{res}{space 2}-1.359521{col 27}{space 2} .0826369{col 38}{space 1}  -16.45{col 47}{space 3}0.000{col 55}{space 4}-1.521572{col 68}{space 3} -1.19747
{txt}{space 5}lamerica {c |}{col 15}{res}{space 2}-2.057971{col 27}{space 2} .0623157{col 38}{space 1}  -33.02{col 47}{space 3}0.000{col 55}{space 4}-2.180173{col 68}{space 3} -1.93577
{txt}{space 5}ssafrica {c |}{col 15}{res}{space 2}-2.370029{col 27}{space 2} .0787532{col 38}{space 1}  -30.09{col 47}{space 3}0.000{col 55}{space 4}-2.524464{col 68}{space 3}-2.215593
{txt}{space 7}nafrme {c |}{col 15}{res}{space 2} -1.19192{col 27}{space 2} .0723696{col 38}{space 1}  -16.47{col 47}{space 3}0.000{col 55}{space 4}-1.333837{col 68}{space 3}-1.050003
{txt}{space 9}asia {c |}{col 15}{res}{space 2}-1.781428{col 27}{space 2} .0705394{col 38}{space 1}  -25.25{col 47}{space 3}0.000{col 55}{space 4}-1.919756{col 68}{space 3}  -1.6431
{txt}{space 10}eta {c |}{col 15}{res}{space 2}  .715867{col 27}{space 2} .0144047{col 38}{space 1}   49.70{col 47}{space 3}0.000{col 55}{space 4} .6876193{col 68}{space 3} .7441147
{txt}{space 8}_cons {c |}{col 15}{res}{space 2}-290.2361{col 27}{space 2} .0716024{col 38}{space 1}-4053.44{col 47}{space 3}0.000{col 55}{space 4}-290.3765{col 68}{space 3}-290.0957
{txt}{hline 14}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res}  .778652
{txt}log likelihood{col 40}= {res}-3262.632
{txt}number of iterations{col 40}= {res}        7
{txt}Durbin-Watson statistic (original){col 40}= {res} .4219255
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.514175

{txt}
{com}. xtfevd icrginvstprof lmajsanct lminsanct lagpolity21 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     2285{col 49}{txt}number of obs{col 69}={res}     2428
{txt}mean squared error{col 28}={res}  2.33087{col 49}{txt}F( {res}16{txt}, {res}2285{txt}){col 69}={res} 686.9503
{txt}root mean squared error{col 28}={res} 1.526719{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 5659.352{col 49}{txt}R-squared{col 69}={res} .5870276
{txt}Total Sum of Squares{col 28}={res} 13703.95{col 49}{txt}adj. R-squared{col 69}={res} .5846781
{txt}Estimation Sum of Squares{col 28}={res} 8044.594

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}     fevd
{col 1}icrginvstp~f{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 3}lmajsanct {c |}{col 14}{res}{space 2}-.3249943{col 26}{space 2} .1082106{col 37}{space 1}   -3.00{col 46}{space 3}0.003{col 54}{space 4}-.5371957{col 67}{space 3} -.112793
{txt}{space 3}lminsanct {c |}{col 14}{res}{space 2}-.3244575{col 26}{space 2} .0725921{col 37}{space 1}   -4.47{col 46}{space 3}0.000{col 54}{space 4}-.4668108{col 67}{space 3}-.1821042
{txt}{space 1}lagpolity21 {c |}{col 14}{res}{space 2} .0217511{col 26}{space 2} .0056773{col 37}{space 1}    3.83{col 46}{space 3}0.000{col 54}{space 4} .0106179{col 67}{space 3} .0328843
{txt}laglndurable {c |}{col 14}{res}{space 2} .1973387{col 26}{space 2} .0241131{col 37}{space 1}    8.18{col 46}{space 3}0.000{col 54}{space 4} .1500529{col 67}{space 3} .2446246
{txt}lagincidence {c |}{col 14}{res}{space 2}-.0163061{col 26}{space 2} .0690491{col 37}{space 1}   -0.24{col 46}{space 3}0.813{col 54}{space 4}-.1517115{col 67}{space 3} .1190993
{txt}{space 3}timetrend {c |}{col 14}{res}{space 2} .1484489{col 26}{space 2}  .002923{col 37}{space 1}   50.79{col 46}{space 3}0.000{col 54}{space 4} .1427169{col 67}{space 3} .1541809
{txt}{space 5}ethfrac {c |}{col 14}{res}{space 2} .1974821{col 26}{space 2} .0869505{col 37}{space 1}    2.27{col 46}{space 3}0.023{col 54}{space 4} .0269719{col 67}{space 3} .3679923
{txt}{space 5}colbrit {c |}{col 14}{res}{space 2} .0605769{col 26}{space 2} .0486105{col 37}{space 1}    1.25{col 46}{space 3}0.213{col 54}{space 4}-.0347484{col 67}{space 3} .1559023
{txt}{space 6}colfra {c |}{col 14}{res}{space 2}-.1027556{col 26}{space 2} .0636442{col 37}{space 1}   -1.61{col 46}{space 3}0.107{col 54}{space 4} -.227562{col 67}{space 3} .0220508
{txt}{space 6}eeurop {c |}{col 14}{res}{space 2}-1.349783{col 26}{space 2}  .082718{col 37}{space 1}  -16.32{col 46}{space 3}0.000{col 54}{space 4}-1.511993{col 67}{space 3}-1.187573
{txt}{space 4}lamerica {c |}{col 14}{res}{space 2}-2.083989{col 26}{space 2} .0622793{col 37}{space 1}  -33.46{col 46}{space 3}0.000{col 54}{space 4}-2.206119{col 67}{space 3}-1.961859
{txt}{space 4}ssafrica {c |}{col 14}{res}{space 2}-2.414641{col 26}{space 2} .0793295{col 37}{space 1}  -30.44{col 46}{space 3}0.000{col 54}{space 4}-2.570206{col 67}{space 3}-2.259076
{txt}{space 6}nafrme {c |}{col 14}{res}{space 2}-1.295362{col 26}{space 2} .0716821{col 37}{space 1}  -18.07{col 46}{space 3}0.000{col 54}{space 4}-1.435931{col 67}{space 3}-1.154793
{txt}{space 8}asia {c |}{col 14}{res}{space 2}-1.828217{col 26}{space 2} .0705821{col 37}{space 1}  -25.90{col 46}{space 3}0.000{col 54}{space 4}-1.966628{col 67}{space 3}-1.689805
{txt}{space 9}eta {c |}{col 14}{res}{space 2} .7239773{col 26}{space 2} .0141925{col 37}{space 1}   51.01{col 46}{space 3}0.000{col 54}{space 4} .6961459{col 67}{space 3} .7518088
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-288.5156{col 26}{space 2}  .071448{col 37}{space 1}-4038.12{col 46}{space 3}0.000{col 54}{space 4}-288.6557{col 67}{space 3}-288.3755
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .7801049
{txt}log likelihood{col 40}= {res}-3264.708
{txt}number of iterations{col 40}= {res}        7
{txt}Durbin-Watson statistic (original){col 40}= {res} .4208975
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.511228

{txt}
{com}. xtfevd icrginvstprof lagsanction lagmultilateral lagpolity2 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     2285{col 49}{txt}number of obs{col 69}={res}     2428
{txt}mean squared error{col 28}={res} 2.339198{col 49}{txt}F( {res}16{txt}, {res}2285{txt}){col 69}={res} 682.3048
{txt}root mean squared error{col 28}={res} 1.529444{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 5679.573{col 49}{txt}R-squared{col 69}={res} .5850035
{txt}Total Sum of Squares{col 28}={res} 13685.83{col 49}{txt}adj. R-squared{col 69}={res} .5826425
{txt}Estimation Sum of Squares{col 28}={res} 8006.261

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}     fevd
{col 1}  icrginvstprof{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}lagsanction {c |}{col 17}{res}{space 2}-.1845642{col 29}{space 2}  .068927{col 40}{space 1}   -2.68{col 49}{space 3}0.007{col 57}{space 4}-.3197303{col 70}{space 3}-.0493982
{txt}lagmultilateral {c |}{col 17}{res}{space 2}-.5118609{col 29}{space 2} .1773675{col 40}{space 1}   -2.89{col 49}{space 3}0.004{col 57}{space 4}-.8596791{col 70}{space 3}-.1640427
{txt}{space 4}lagpolity21 {c |}{col 17}{res}{space 2}  .023103{col 29}{space 2} .0056673{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} .0119894{col 70}{space 3} .0342166
{txt}{space 3}laglndurable {c |}{col 17}{res}{space 2} .1998322{col 29}{space 2} .0237923{col 40}{space 1}    8.40{col 49}{space 3}0.000{col 57}{space 4} .1531754{col 70}{space 3} .2464889
{txt}{space 3}lagincidence {c |}{col 17}{res}{space 2}-.0198718{col 29}{space 2} .0691498{col 40}{space 1}   -0.29{col 49}{space 3}0.774{col 57}{space 4}-.1554748{col 70}{space 3} .1157312
{txt}{space 6}timetrend {c |}{col 17}{res}{space 2} .1481877{col 29}{space 2} .0029102{col 40}{space 1}   50.92{col 49}{space 3}0.000{col 57}{space 4} .1424808{col 70}{space 3} .1538945
{txt}{space 8}ethfrac {c |}{col 17}{res}{space 2} .2067944{col 29}{space 2} .0863662{col 40}{space 1}    2.39{col 49}{space 3}0.017{col 57}{space 4} .0374302{col 70}{space 3} .3761587
{txt}{space 8}colbrit {c |}{col 17}{res}{space 2} .0697922{col 29}{space 2} .0483939{col 40}{space 1}    1.44{col 49}{space 3}0.149{col 57}{space 4}-.0251084{col 70}{space 3} .1646928
{txt}{space 9}colfra {c |}{col 17}{res}{space 2}-.0843083{col 29}{space 2} .0635511{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-.2089321{col 70}{space 3} .0403156
{txt}{space 9}eeurop {c |}{col 17}{res}{space 2}-1.338108{col 29}{space 2}  .082638{col 40}{space 1}  -16.19{col 49}{space 3}0.000{col 57}{space 4}-1.500161{col 70}{space 3}-1.176055
{txt}{space 7}lamerica {c |}{col 17}{res}{space 2}-2.097263{col 29}{space 2} .0621903{col 40}{space 1}  -33.72{col 49}{space 3}0.000{col 57}{space 4}-2.219218{col 70}{space 3}-1.975307
{txt}{space 7}ssafrica {c |}{col 17}{res}{space 2}-2.419706{col 29}{space 2} .0787022{col 40}{space 1}  -30.75{col 49}{space 3}0.000{col 57}{space 4}-2.574041{col 70}{space 3} -2.26537
{txt}{space 9}nafrme {c |}{col 17}{res}{space 2}-1.320536{col 29}{space 2}   .07129{col 40}{space 1}  -18.52{col 49}{space 3}0.000{col 57}{space 4}-1.460336{col 70}{space 3}-1.180736
{txt}{space 11}asia {c |}{col 17}{res}{space 2} -1.83403{col 29}{space 2} .0704059{col 40}{space 1}  -26.05{col 49}{space 3}0.000{col 57}{space 4}-1.972096{col 70}{space 3}-1.695964
{txt}{space 12}eta {c |}{col 17}{res}{space 2} .7238881{col 29}{space 2} .0140329{col 40}{space 1}   51.58{col 49}{space 3}0.000{col 57}{space 4} .6963695{col 70}{space 3} .7514068
{txt}{space 10}_cons {c |}{col 17}{res}{space 2}-288.0388{col 29}{space 2} .0714741{col 40}{space 1}-4029.97{col 49}{space 3}0.000{col 57}{space 4} -288.179{col 70}{space 3}-287.8986
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .7811034
{txt}log likelihood{col 40}= {res}-3264.142
{txt}number of iterations{col 40}= {res}        7
{txt}Durbin-Watson statistic (original){col 40}= {res} .4182142
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.505965

{txt}
{com}. xtfevd icrginvstprof lagsanction lagUSsanctions lagpolity2 laglndurable lagincidence ethfrac colbrit colfra timetrend eeurop lamerica ssafrica nafrme asia, invariant(ethfrac colbrit colfra eeurop lamerica ssafrica nafrme asia) ar1

{txt}panel fixed effects regression with vector decomposition and ar1 prais-winsten transformation

degrees of freedom fevd{col 28}={res}     2285{col 49}{txt}number of obs{col 69}={res}     2428
{txt}mean squared error{col 28}={res} 2.339548{col 49}{txt}F( {res}16{txt}, {res}2285{txt}){col 69}={res} 684.7543
{txt}root mean squared error{col 28}={res} 1.529558{col 49}{txt}Prob > F{col 69}={res}        0
{txt}Residual Sum of Squares{col 28}={res} 5680.423{col 49}{txt}R-squared{col 69}={res} .5853984
{txt}Total Sum of Squares{col 28}={res} 13700.92{col 49}{txt}adj. R-squared{col 69}={res} .5830397
{txt}Estimation Sum of Squares{col 28}={res} 8020.498

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}     fevd
{col 1} icrginvstprof{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 3}lagsanction {c |}{col 16}{res}{space 2}-.4161867{col 28}{space 2} .1394138{col 39}{space 1}   -2.99{col 48}{space 3}0.003{col 56}{space 4}-.6895775{col 69}{space 3}-.1427959
{txt}lagUSsanctions {c |}{col 16}{res}{space 2} .1702047{col 28}{space 2} .1542241{col 39}{space 1}    1.10{col 48}{space 3}0.270{col 56}{space 4}-.1322291{col 69}{space 3} .4726385
{txt}{space 3}lagpolity21 {c |}{col 16}{res}{space 2} .0229143{col 28}{space 2} .0056795{col 39}{space 1}    4.03{col 48}{space 3}0.000{col 56}{space 4} .0117768{col 69}{space 3} .0340517
{txt}{space 2}laglndurable {c |}{col 16}{res}{space 2} .1994665{col 28}{space 2} .0238721{col 39}{space 1}    8.36{col 48}{space 3}0.000{col 56}{space 4} .1526532{col 69}{space 3} .2462798
{txt}{space 2}lagincidence {c |}{col 16}{res}{space 2}-.0179379{col 28}{space 2} .0690279{col 39}{space 1}   -0.26{col 48}{space 3}0.795{col 56}{space 4}-.1533018{col 69}{space 3}  .117426
{txt}{space 5}timetrend {c |}{col 16}{res}{space 2} .1480083{col 28}{space 2} .0029109{col 39}{space 1}   50.85{col 48}{space 3}0.000{col 56}{space 4} .1422999{col 69}{space 3} .1537167
{txt}{space 7}ethfrac {c |}{col 16}{res}{space 2} .1937829{col 28}{space 2}  .086509{col 39}{space 1}    2.24{col 48}{space 3}0.025{col 56}{space 4} .0241386{col 69}{space 3} .3634273
{txt}{space 7}colbrit {c |}{col 16}{res}{space 2} .0659476{col 28}{space 2} .0484109{col 39}{space 1}    1.36{col 48}{space 3}0.173{col 56}{space 4}-.0289863{col 69}{space 3} .1608816
{txt}{space 8}colfra {c |}{col 16}{res}{space 2}-.0872348{col 28}{space 2}  .063582{col 39}{space 1}   -1.37{col 48}{space 3}0.170{col 56}{space 4}-.2119193{col 69}{space 3} .0374497
{txt}{space 8}eeurop {c |}{col 16}{res}{space 2}-1.344588{col 28}{space 2} .0828397{col 39}{space 1}  -16.23{col 48}{space 3}0.000{col 56}{space 4}-1.507037{col 69}{space 3}-1.182139
{txt}{space 6}lamerica {c |}{col 16}{res}{space 2}-2.094592{col 28}{space 2} .0622349{col 39}{space 1}  -33.66{col 48}{space 3}0.000{col 56}{space 4}-2.216635{col 69}{space 3}-1.972549
{txt}{space 6}ssafrica {c |}{col 16}{res}{space 2}-2.418929{col 28}{space 2} .0789604{col 39}{space 1}  -30.63{col 48}{space 3}0.000{col 56}{space 4}-2.573771{col 69}{space 3}-2.264088
{txt}{space 8}nafrme {c |}{col 16}{res}{space 2}-1.295602{col 28}{space 2} .0713026{col 39}{space 1}  -18.17{col 48}{space 3}0.000{col 56}{space 4}-1.435426{col 69}{space 3}-1.155777
{txt}{space 10}asia {c |}{col 16}{res}{space 2}-1.838741{col 28}{space 2} .0704572{col 39}{space 1}  -26.10{col 48}{space 3}0.000{col 56}{space 4}-1.976907{col 69}{space 3}-1.700574
{txt}{space 11}eta {c |}{col 16}{res}{space 2} .7274024{col 28}{space 2} .0141657{col 39}{space 1}   51.35{col 48}{space 3}0.000{col 56}{space 4} .6996234{col 69}{space 3} .7551814
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-287.6645{col 28}{space 2} .0716155{col 39}{space 1}-4016.79{col 48}{space 3}0.000{col 56}{space 4} -287.805{col 69}{space 3}-287.5241
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
final rho after iterations{col 40}= {res} .7807271
{txt}log likelihood{col 40}= {res}-3265.331
{txt}number of iterations{col 40}= {res}        7
{txt}Durbin-Watson statistic (original){col 40}= {res} .4191211
{txt}Durbin-Watson statistic (transformed){col 40}= {res} 1.512729

{txt}
{com}. 
. *Table 4 ICRG INVTS - FIRST DIFFERENCED
. xtreg d.icrginvstprof sanction polity21 lndurable incidence ethfrac colbrit colfra timetrend l.icrginvstprof eeurop lamerica ssafrica nafrme asia 
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2305
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1559                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0604                                        {txt}avg = {res}     18.0
{txt}       overall = {res}0.1233                                        {txt}max = {res}       20

                                                {txt}Wald chi2({res}14{txt})      = {res}   322.21
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 14}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.           {col 15}{c |}
{col 1}icrginvstprof{col 15}{c |}      Coef.{col 27}   Std. Err.{col 39}      z{col 47}   P>|z|{col 55}     [95% Con{col 68}f. Interval]
{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}sanction {c |}{col 15}{res}{space 2}-.1936226{col 27}{space 2} .0564902{col 38}{space 1}   -3.43{col 47}{space 3}0.001{col 55}{space 4}-.3043414{col 68}{space 3}-.0829039
{txt}{space 5}polity21 {c |}{col 15}{res}{space 2} .0150467{col 27}{space 2} .0041753{col 38}{space 1}    3.60{col 47}{space 3}0.000{col 55}{space 4} .0068632{col 68}{space 3} .0232301
{txt}{space 4}lndurable {c |}{col 15}{res}{space 2} .0946443{col 27}{space 2}  .020045{col 38}{space 1}    4.72{col 47}{space 3}0.000{col 55}{space 4} .0553568{col 68}{space 3} .1339318
{txt}{space 4}incidence {c |}{col 15}{res}{space 2}-.1622162{col 27}{space 2} .0568117{col 38}{space 1}   -2.86{col 47}{space 3}0.004{col 55}{space 4}-.2735651{col 68}{space 3}-.0508672
{txt}{space 6}ethfrac {c |}{col 15}{res}{space 2} .1091189{col 27}{space 2} .0948021{col 38}{space 1}    1.15{col 47}{space 3}0.250{col 55}{space 4}-.0766899{col 68}{space 3} .2949277
{txt}{space 6}colbrit {c |}{col 15}{res}{space 2}-.0534667{col 27}{space 2} .0516527{col 38}{space 1}   -1.04{col 47}{space 3}0.301{col 55}{space 4}-.1547042{col 68}{space 3} .0477707
{txt}{space 7}colfra {c |}{col 15}{res}{space 2}-.0480026{col 27}{space 2} .0697099{col 38}{space 1}   -0.69{col 47}{space 3}0.491{col 55}{space 4}-.1846315{col 68}{space 3} .0886262
{txt}{space 4}timetrend {c |}{col 15}{res}{space 2} .0536317{col 27}{space 2} .0039514{col 38}{space 1}   13.57{col 47}{space 3}0.000{col 55}{space 4} .0458871{col 68}{space 3} .0613763
{txt}{space 13} {c |}
icrginvstprof {c |}
{space 10}L1. {c |}{col 15}{res}{space 2}-.1747526{col 27}{space 2} .0114636{col 38}{space 1}  -15.24{col 47}{space 3}0.000{col 55}{space 4}-.1972208{col 68}{space 3}-.1522844
{txt}{space 13} {c |}
{space 7}eeurop {c |}{col 15}{res}{space 2} .0265836{col 27}{space 2} .1004064{col 38}{space 1}    0.26{col 47}{space 3}0.791{col 55}{space 4}-.1702093{col 68}{space 3} .2233765
{txt}{space 5}lamerica {c |}{col 15}{res}{space 2}-.0759398{col 27}{space 2} .0765455{col 38}{space 1}   -0.99{col 47}{space 3}0.321{col 55}{space 4}-.2259662{col 68}{space 3} .0740867
{txt}{space 5}ssafrica {c |}{col 15}{res}{space 2}-.0517606{col 27}{space 2} .1081005{col 38}{space 1}   -0.48{col 47}{space 3}0.632{col 55}{space 4}-.2636337{col 68}{space 3} .1601124
{txt}{space 7}nafrme {c |}{col 15}{res}{space 2} .1266598{col 27}{space 2} .0988718{col 38}{space 1}    1.28{col 47}{space 3}0.200{col 55}{space 4}-.0671253{col 68}{space 3} .3204449
{txt}{space 9}asia {c |}{col 15}{res}{space 2}-.0900164{col 27}{space 2} .0902145{col 38}{space 1}   -1.00{col 47}{space 3}0.318{col 55}{space 4}-.2668336{col 68}{space 3} .0868008
{txt}{space 8}_cons {c |}{col 15}{res}{space 2}-106.0937{col 27}{space 2} 7.826978{col 38}{space 1}  -13.55{col 47}{space 3}0.000{col 55}{space 4}-121.4342{col 68}{space 3}-90.75306
{txt}{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
      sigma_u {c |} {res}         0
      {txt}sigma_e {c |} {res} .93753825
          {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 14}{c BT}{hline 64}

{com}. xtreg d.icrginvstprof compsanct limitsanct polity21 lndurable incidence ethfrac colbrit colfra timetrend l.icrginvstprof eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2429
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1512                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0384                                        {txt}avg = {res}     19.0
{txt}       overall = {res}0.1162                                        {txt}max = {res}       21

                                                {txt}Wald chi2({res}15{txt})      = {res}   317.19
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 14}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.           {col 15}{c |}
{col 1}icrginvstprof{col 15}{c |}      Coef.{col 27}   Std. Err.{col 39}      z{col 47}   P>|z|{col 55}     [95% Con{col 68}f. Interval]
{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}compsanct {c |}{col 15}{res}{space 2}-.3406658{col 27}{space 2} .0847793{col 38}{space 1}   -4.02{col 47}{space 3}0.000{col 55}{space 4}-.5068302{col 68}{space 3}-.1745013
{txt}{space 3}limitsanct {c |}{col 15}{res}{space 2} -.068567{col 27}{space 2} .0617612{col 38}{space 1}   -1.11{col 47}{space 3}0.267{col 55}{space 4}-.1896166{col 68}{space 3} .0524827
{txt}{space 5}polity21 {c |}{col 15}{res}{space 2} .0151192{col 27}{space 2} .0039922{col 38}{space 1}    3.79{col 47}{space 3}0.000{col 55}{space 4} .0072946{col 68}{space 3} .0229438
{txt}{space 4}lndurable {c |}{col 15}{res}{space 2} .0995317{col 27}{space 2} .0195102{col 38}{space 1}    5.10{col 47}{space 3}0.000{col 55}{space 4} .0612924{col 68}{space 3} .1377709
{txt}{space 4}incidence {c |}{col 15}{res}{space 2}-.1448511{col 27}{space 2} .0547945{col 38}{space 1}   -2.64{col 47}{space 3}0.008{col 55}{space 4}-.2522463{col 68}{space 3}-.0374558
{txt}{space 6}ethfrac {c |}{col 15}{res}{space 2} .0977707{col 27}{space 2} .0909363{col 38}{space 1}    1.08{col 47}{space 3}0.282{col 55}{space 4}-.0804612{col 68}{space 3} .2760026
{txt}{space 6}colbrit {c |}{col 15}{res}{space 2}-.0547222{col 27}{space 2} .0498084{col 38}{space 1}   -1.10{col 47}{space 3}0.272{col 55}{space 4}-.1523449{col 68}{space 3} .0429006
{txt}{space 7}colfra {c |}{col 15}{res}{space 2}-.0654891{col 27}{space 2} .0675336{col 38}{space 1}   -0.97{col 47}{space 3}0.332{col 55}{space 4}-.1978526{col 68}{space 3} .0668743
{txt}{space 4}timetrend {c |}{col 15}{res}{space 2} .0489718{col 27}{space 2} .0036791{col 38}{space 1}   13.31{col 47}{space 3}0.000{col 55}{space 4} .0417608{col 68}{space 3} .0561828
{txt}{space 13} {c |}
icrginvstprof {c |}
{space 10}L1. {c |}{col 15}{res}{space 2}-.1720613{col 27}{space 2}  .011026{col 38}{space 1}  -15.61{col 47}{space 3}0.000{col 55}{space 4}-.1936718{col 68}{space 3}-.1504507
{txt}{space 13} {c |}
{space 7}eeurop {c |}{col 15}{res}{space 2} .0323196{col 27}{space 2} .0949096{col 38}{space 1}    0.34{col 47}{space 3}0.733{col 55}{space 4}-.1536997{col 68}{space 3}  .218339
{txt}{space 5}lamerica {c |}{col 15}{res}{space 2}-.0915482{col 27}{space 2}  .073293{col 38}{space 1}   -1.25{col 47}{space 3}0.212{col 55}{space 4}-.2351999{col 68}{space 3} .0521034
{txt}{space 5}ssafrica {c |}{col 15}{res}{space 2}-.0541883{col 27}{space 2} .1032688{col 38}{space 1}   -0.52{col 47}{space 3}0.600{col 55}{space 4}-.2565914{col 68}{space 3} .1482148
{txt}{space 7}nafrme {c |}{col 15}{res}{space 2} .1430134{col 27}{space 2} .0952144{col 38}{space 1}    1.50{col 47}{space 3}0.133{col 55}{space 4}-.0436033{col 68}{space 3} .3296302
{txt}{space 9}asia {c |}{col 15}{res}{space 2} -.097427{col 27}{space 2} .0863059{col 38}{space 1}   -1.13{col 47}{space 3}0.259{col 55}{space 4}-.2665834{col 68}{space 3} .0717293
{txt}{space 8}_cons {c |}{col 15}{res}{space 2}-96.84484{col 27}{space 2}  7.28701{col 38}{space 1}  -13.29{col 47}{space 3}0.000{col 55}{space 4}-111.1271{col 68}{space 3}-82.56256
{txt}{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
      sigma_u {c |} {res}         0
      {txt}sigma_e {c |} {res} .92097599
          {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 14}{c BT}{hline 64}

{com}. xtreg d.icrginvstprof majsanct minsanct polity21 lndurable incidence ethfrac colbrit colfra timetrend l.icrginvstprof eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2429
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1487                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0378                                        {txt}avg = {res}     19.0
{txt}       overall = {res}0.1144                                        {txt}max = {res}       21

                                                {txt}Wald chi2({res}15{txt})      = {res}   311.58
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 14}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.           {col 15}{c |}
{col 1}icrginvstprof{col 15}{c |}      Coef.{col 27}   Std. Err.{col 39}      z{col 47}   P>|z|{col 55}     [95% Con{col 68}f. Interval]
{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}majsanct {c |}{col 15}{res}{space 2}-.2899325{col 27}{space 2} .0912364{col 38}{space 1}   -3.18{col 47}{space 3}0.001{col 55}{space 4}-.4687527{col 68}{space 3}-.1111124
{txt}{space 5}minsanct {c |}{col 15}{res}{space 2}-.1011125{col 27}{space 2} .0613331{col 38}{space 1}   -1.65{col 47}{space 3}0.099{col 55}{space 4}-.2213232{col 68}{space 3} .0190982
{txt}{space 5}polity21 {c |}{col 15}{res}{space 2} .0146966{col 27}{space 2} .0040231{col 38}{space 1}    3.65{col 47}{space 3}0.000{col 55}{space 4} .0068115{col 68}{space 3} .0225818
{txt}{space 4}lndurable {c |}{col 15}{res}{space 2} .0874612{col 27}{space 2} .0193791{col 38}{space 1}    4.51{col 47}{space 3}0.000{col 55}{space 4} .0494787{col 68}{space 3} .1254436
{txt}{space 4}incidence {c |}{col 15}{res}{space 2} -.147276{col 27}{space 2} .0548945{col 38}{space 1}   -2.68{col 47}{space 3}0.007{col 55}{space 4}-.2548671{col 68}{space 3}-.0396848
{txt}{space 6}ethfrac {c |}{col 15}{res}{space 2} .0817975{col 27}{space 2} .0920436{col 38}{space 1}    0.89{col 47}{space 3}0.374{col 55}{space 4}-.0986047{col 68}{space 3} .2621996
{txt}{space 6}colbrit {c |}{col 15}{res}{space 2}-.0310945{col 27}{space 2} .0497342{col 38}{space 1}   -0.63{col 47}{space 3}0.532{col 55}{space 4}-.1285717{col 68}{space 3} .0663827
{txt}{space 7}colfra {c |}{col 15}{res}{space 2}-.0413817{col 27}{space 2} .0669081{col 38}{space 1}   -0.62{col 47}{space 3}0.536{col 55}{space 4}-.1725192{col 68}{space 3} .0897557
{txt}{space 4}timetrend {c |}{col 15}{res}{space 2} .0488255{col 27}{space 2} .0037092{col 38}{space 1}   13.16{col 47}{space 3}0.000{col 55}{space 4} .0415555{col 68}{space 3} .0560955
{txt}{space 13} {c |}
icrginvstprof {c |}
{space 10}L1. {c |}{col 15}{res}{space 2}-.1699647{col 27}{space 2} .0110108{col 38}{space 1}  -15.44{col 47}{space 3}0.000{col 55}{space 4}-.1915455{col 68}{space 3}-.1483839
{txt}{space 13} {c |}
{space 7}eeurop {c |}{col 15}{res}{space 2} .0190347{col 27}{space 2} .0953232{col 38}{space 1}    0.20{col 47}{space 3}0.842{col 55}{space 4}-.1677953{col 68}{space 3} .2058647
{txt}{space 5}lamerica {c |}{col 15}{res}{space 2}-.1066454{col 27}{space 2} .0735018{col 38}{space 1}   -1.45{col 47}{space 3}0.147{col 55}{space 4}-.2507062{col 68}{space 3} .0374155
{txt}{space 5}ssafrica {c |}{col 15}{res}{space 2}-.0636885{col 27}{space 2} .1032937{col 38}{space 1}   -0.62{col 47}{space 3}0.538{col 55}{space 4}-.2661404{col 68}{space 3} .1387633
{txt}{space 7}nafrme {c |}{col 15}{res}{space 2}  .081711{col 27}{space 2} .0959835{col 38}{space 1}    0.85{col 47}{space 3}0.395{col 55}{space 4}-.1064133{col 68}{space 3} .2698353
{txt}{space 9}asia {c |}{col 15}{res}{space 2}-.1359683{col 27}{space 2} .0876443{col 38}{space 1}   -1.55{col 47}{space 3}0.121{col 55}{space 4} -.307748{col 68}{space 3} .0358114
{txt}{space 8}_cons {c |}{col 15}{res}{space 2}-96.51472{col 27}{space 2}  7.34291{col 38}{space 1}  -13.14{col 47}{space 3}0.000{col 55}{space 4}-110.9066{col 68}{space 3}-82.12288
{txt}{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
      sigma_u {c |} {res}         0
      {txt}sigma_e {c |} {res} .92116222
          {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 14}{c BT}{hline 64}

{com}. xtreg d.icrginvstprof sanction multilateral polity21 lndurable incidence ethfrac colbrit colfra timetrend l.icrginvstprof eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2305
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1559                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0633                                        {txt}avg = {res}     18.0
{txt}       overall = {res}0.1234                                        {txt}max = {res}       20

                                                {txt}Wald chi2({res}15{txt})      = {res}   322.22
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 14}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.           {col 15}{c |}
{col 1}icrginvstprof{col 15}{c |}      Coef.{col 27}   Std. Err.{col 39}      z{col 47}   P>|z|{col 55}     [95% Con{col 68}f. Interval]
{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}sanction {c |}{col 15}{res}{space 2}-.1990648{col 27}{space 2} .0584183{col 38}{space 1}   -3.41{col 47}{space 3}0.001{col 55}{space 4}-.3135626{col 68}{space 3}-.0845669
{txt}{space 1}multilateral {c |}{col 15}{res}{space 2} .0568156{col 27}{space 2} .1549736{col 38}{space 1}    0.37{col 47}{space 3}0.714{col 55}{space 4}-.2469271{col 68}{space 3} .3605583
{txt}{space 5}polity21 {c |}{col 15}{res}{space 2} .0150492{col 27}{space 2} .0041761{col 38}{space 1}    3.60{col 47}{space 3}0.000{col 55}{space 4} .0068642{col 68}{space 3} .0232342
{txt}{space 4}lndurable {c |}{col 15}{res}{space 2} .0950934{col 27}{space 2} .0200862{col 38}{space 1}    4.73{col 47}{space 3}0.000{col 55}{space 4} .0557252{col 68}{space 3} .1344616
{txt}{space 4}incidence {c |}{col 15}{res}{space 2}-.1603504{col 27}{space 2} .0570499{col 38}{space 1}   -2.81{col 47}{space 3}0.005{col 55}{space 4}-.2721662{col 68}{space 3}-.0485346
{txt}{space 6}ethfrac {c |}{col 15}{res}{space 2} .1063047{col 27}{space 2} .0951303{col 38}{space 1}    1.12{col 47}{space 3}0.264{col 55}{space 4}-.0801472{col 68}{space 3} .2927566
{txt}{space 6}colbrit {c |}{col 15}{res}{space 2}-.0531656{col 27}{space 2}  .051669{col 38}{space 1}   -1.03{col 47}{space 3}0.303{col 55}{space 4} -.154435{col 68}{space 3} .0481038
{txt}{space 7}colfra {c |}{col 15}{res}{space 2}-.0471608{col 27}{space 2} .0697609{col 38}{space 1}   -0.68{col 47}{space 3}0.499{col 55}{space 4}-.1838896{col 68}{space 3}  .089568
{txt}{space 4}timetrend {c |}{col 15}{res}{space 2} .0536233{col 27}{space 2} .0039522{col 38}{space 1}   13.57{col 47}{space 3}0.000{col 55}{space 4} .0458771{col 68}{space 3} .0613695
{txt}{space 13} {c |}
icrginvstprof {c |}
{space 10}L1. {c |}{col 15}{res}{space 2}-.1748829{col 27}{space 2} .0114712{col 38}{space 1}  -15.25{col 47}{space 3}0.000{col 55}{space 4}-.1973661{col 68}{space 3}-.1523997
{txt}{space 13} {c |}
{space 7}eeurop {c |}{col 15}{res}{space 2} .0264794{col 27}{space 2} .1004258{col 38}{space 1}    0.26{col 47}{space 3}0.792{col 55}{space 4}-.1703515{col 68}{space 3} .2233103
{txt}{space 5}lamerica {c |}{col 15}{res}{space 2} -.074685{col 27}{space 2} .0766364{col 38}{space 1}   -0.97{col 47}{space 3}0.330{col 55}{space 4}-.2248897{col 68}{space 3} .0755196
{txt}{space 5}ssafrica {c |}{col 15}{res}{space 2}-.0512455{col 27}{space 2} .1081301{col 38}{space 1}   -0.47{col 47}{space 3}0.636{col 55}{space 4}-.2631765{col 68}{space 3} .1606855
{txt}{space 7}nafrme {c |}{col 15}{res}{space 2} .1272938{col 27}{space 2} .0989056{col 38}{space 1}    1.29{col 47}{space 3}0.198{col 55}{space 4}-.0665576{col 68}{space 3} .3211452
{txt}{space 9}asia {c |}{col 15}{res}{space 2}-.0903792{col 27}{space 2}  .090237{col 38}{space 1}   -1.00{col 47}{space 3}0.317{col 55}{space 4}-.2672405{col 68}{space 3} .0864821
{txt}{space 8}_cons {c |}{col 15}{res}{space 2} -106.077{col 27}{space 2} 7.828589{col 38}{space 1}  -13.55{col 47}{space 3}0.000{col 55}{space 4}-121.4208{col 68}{space 3}-90.73329
{txt}{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
      sigma_u {c |} {res}         0
      {txt}sigma_e {c |} {res} .93766701
          {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 14}{c BT}{hline 64}

{com}. xtreg d.icrginvstprof sanction sanction_us polity21 lndurable incidence ethfrac colbrit colfra timetrend l.icrginvstprof eeurop lamerica ssafrica nafrme asia
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2305
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1558                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0682                                        {txt}avg = {res}     18.0
{txt}       overall = {res}0.1239                                        {txt}max = {res}       20

                                                {txt}Wald chi2({res}15{txt})      = {res}   323.83
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 14}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.           {col 15}{c |}
{col 1}icrginvstprof{col 15}{c |}      Coef.{col 27}   Std. Err.{col 39}      z{col 47}   P>|z|{col 55}     [95% Con{col 68}f. Interval]
{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}sanction {c |}{col 15}{res}{space 2}-.0558198{col 27}{space 2} .1244991{col 38}{space 1}   -0.45{col 47}{space 3}0.654{col 55}{space 4}-.2998337{col 68}{space 3}  .188194
{txt}{space 2}sanction_us {c |}{col 15}{res}{space 2}-.1670364{col 27}{space 2} .1344857{col 38}{space 1}   -1.24{col 47}{space 3}0.214{col 55}{space 4}-.4306235{col 68}{space 3} .0965507
{txt}{space 5}polity21 {c |}{col 15}{res}{space 2} .0133656{col 27}{space 2} .0043887{col 38}{space 1}    3.05{col 47}{space 3}0.002{col 55}{space 4} .0047638{col 68}{space 3} .0219673
{txt}{space 4}lndurable {c |}{col 15}{res}{space 2} .0925993{col 27}{space 2} .0201101{col 38}{space 1}    4.60{col 47}{space 3}0.000{col 55}{space 4} .0531841{col 68}{space 3} .1320145
{txt}{space 4}incidence {c |}{col 15}{res}{space 2}-.1680763{col 27}{space 2} .0570006{col 38}{space 1}   -2.95{col 47}{space 3}0.003{col 55}{space 4}-.2797954{col 68}{space 3}-.0563572
{txt}{space 6}ethfrac {c |}{col 15}{res}{space 2} .1167052{col 27}{space 2} .0949875{col 38}{space 1}    1.23{col 47}{space 3}0.219{col 55}{space 4}-.0694668{col 68}{space 3} .3028773
{txt}{space 6}colbrit {c |}{col 15}{res}{space 2}-.0540335{col 27}{space 2} .0516486{col 38}{space 1}   -1.05{col 47}{space 3}0.295{col 55}{space 4}-.1552629{col 68}{space 3} .0471959
{txt}{space 7}colfra {c |}{col 15}{res}{space 2}-.0564845{col 27}{space 2} .0700354{col 38}{space 1}   -0.81{col 47}{space 3}0.420{col 55}{space 4}-.1937513{col 68}{space 3} .0807823
{txt}{space 4}timetrend {c |}{col 15}{res}{space 2} .0541194{col 27}{space 2} .0039704{col 38}{space 1}   13.63{col 47}{space 3}0.000{col 55}{space 4} .0463375{col 68}{space 3} .0619012
{txt}{space 13} {c |}
icrginvstprof {c |}
{space 10}L1. {c |}{col 15}{res}{space 2}-.1757411{col 27}{space 2} .0114898{col 38}{space 1}  -15.30{col 47}{space 3}0.000{col 55}{space 4}-.1982607{col 68}{space 3}-.1532215
{txt}{space 13} {c |}
{space 7}eeurop {c |}{col 15}{res}{space 2} .0099293{col 27}{space 2}  .101286{col 38}{space 1}    0.10{col 47}{space 3}0.922{col 55}{space 4}-.1885876{col 68}{space 3} .2084462
{txt}{space 5}lamerica {c |}{col 15}{res}{space 2}-.0781293{col 27}{space 2} .0765567{col 38}{space 1}   -1.02{col 47}{space 3}0.307{col 55}{space 4}-.2281777{col 68}{space 3} .0719191
{txt}{space 5}ssafrica {c |}{col 15}{res}{space 2}-.0703821{col 27}{space 2} .1091225{col 38}{space 1}   -0.64{col 47}{space 3}0.519{col 55}{space 4}-.2842583{col 68}{space 3} .1434942
{txt}{space 7}nafrme {c |}{col 15}{res}{space 2} .0985563{col 27}{space 2} .1014164{col 38}{space 1}    0.97{col 47}{space 3}0.331{col 55}{space 4}-.1002162{col 68}{space 3} .2973288
{txt}{space 9}asia {c |}{col 15}{res}{space 2}-.0966368{col 27}{space 2} .0903612{col 38}{space 1}   -1.07{col 47}{space 3}0.285{col 55}{space 4}-.2737415{col 68}{space 3} .0804678
{txt}{space 8}_cons {c |}{col 15}{res}{space 2}-107.0196{col 27}{space 2} 7.861477{col 38}{space 1}  -13.61{col 47}{space 3}0.000{col 55}{space 4}-122.4278{col 68}{space 3}-91.61137
{txt}{hline 14}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
      sigma_u {c |} {res}         0
      {txt}sigma_e {c |} {res} .93775191
          {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 14}{c BT}{hline 64}

{com}. 
. 
. * TABLE 5 Substantive Effects
. xtreg Dicrginvstprof sanction polity21 lndurable incidence ethfrac colbrit colfra timetrend Licrginvstprof eeurop lamerica ssafrica nafrme asia 
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2305
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1559                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0604                                        {txt}avg = {res}     18.0
{txt}       overall = {res}0.1233                                        {txt}max = {res}       20

                                                {txt}Wald chi2({res}14{txt})      = {res}   322.21
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}Dicrginvstprof{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 6}sanction {c |}{col 16}{res}{space 2}-.1936226{col 28}{space 2} .0564902{col 39}{space 1}   -3.43{col 48}{space 3}0.001{col 56}{space 4}-.3043414{col 69}{space 3}-.0829039
{txt}{space 6}polity21 {c |}{col 16}{res}{space 2} .0150467{col 28}{space 2} .0041753{col 39}{space 1}    3.60{col 48}{space 3}0.000{col 56}{space 4} .0068632{col 69}{space 3} .0232301
{txt}{space 5}lndurable {c |}{col 16}{res}{space 2} .0946443{col 28}{space 2}  .020045{col 39}{space 1}    4.72{col 48}{space 3}0.000{col 56}{space 4} .0553568{col 69}{space 3} .1339318
{txt}{space 5}incidence {c |}{col 16}{res}{space 2}-.1622162{col 28}{space 2} .0568117{col 39}{space 1}   -2.86{col 48}{space 3}0.004{col 56}{space 4}-.2735651{col 69}{space 3}-.0508672
{txt}{space 7}ethfrac {c |}{col 16}{res}{space 2} .1091189{col 28}{space 2} .0948021{col 39}{space 1}    1.15{col 48}{space 3}0.250{col 56}{space 4}-.0766899{col 69}{space 3} .2949277
{txt}{space 7}colbrit {c |}{col 16}{res}{space 2}-.0534667{col 28}{space 2} .0516527{col 39}{space 1}   -1.04{col 48}{space 3}0.301{col 56}{space 4}-.1547042{col 69}{space 3} .0477707
{txt}{space 8}colfra {c |}{col 16}{res}{space 2}-.0480026{col 28}{space 2} .0697099{col 39}{space 1}   -0.69{col 48}{space 3}0.491{col 56}{space 4}-.1846315{col 69}{space 3} .0886262
{txt}{space 5}timetrend {c |}{col 16}{res}{space 2} .0536317{col 28}{space 2} .0039514{col 39}{space 1}   13.57{col 48}{space 3}0.000{col 56}{space 4} .0458871{col 69}{space 3} .0613763
{txt}Licrginvstprof {c |}{col 16}{res}{space 2}-.1747526{col 28}{space 2} .0114636{col 39}{space 1}  -15.24{col 48}{space 3}0.000{col 56}{space 4}-.1972208{col 69}{space 3}-.1522844
{txt}{space 8}eeurop {c |}{col 16}{res}{space 2} .0265836{col 28}{space 2} .1004064{col 39}{space 1}    0.26{col 48}{space 3}0.791{col 56}{space 4}-.1702093{col 69}{space 3} .2233765
{txt}{space 6}lamerica {c |}{col 16}{res}{space 2}-.0759398{col 28}{space 2} .0765455{col 39}{space 1}   -0.99{col 48}{space 3}0.321{col 56}{space 4}-.2259662{col 69}{space 3} .0740867
{txt}{space 6}ssafrica {c |}{col 16}{res}{space 2}-.0517606{col 28}{space 2} .1081005{col 39}{space 1}   -0.48{col 48}{space 3}0.632{col 56}{space 4}-.2636337{col 69}{space 3} .1601124
{txt}{space 8}nafrme {c |}{col 16}{res}{space 2} .1266598{col 28}{space 2} .0988718{col 39}{space 1}    1.28{col 48}{space 3}0.200{col 56}{space 4}-.0671253{col 69}{space 3} .3204449
{txt}{space 10}asia {c |}{col 16}{res}{space 2}-.0900164{col 28}{space 2} .0902145{col 39}{space 1}   -1.00{col 48}{space 3}0.318{col 56}{space 4}-.2668336{col 69}{space 3} .0868008
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-106.0937{col 28}{space 2} 7.826978{col 39}{space 1}  -13.55{col 48}{space 3}0.000{col 56}{space 4}-121.4342{col 69}{space 3}-90.75306
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res}         0
       {txt}sigma_e {c |} {res} .93753825
           {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}. *When sanction=0 and sanction=1
. adjust sanction=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.279272
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. adjust sanction=1 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 1, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.472895
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. * When Democracy is at its mean and 1td. above
. adjust sanction=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.279272
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. adjust sanction=0 polity21=20.5 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 0, polity21 = 20.5, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.172441
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. * When regime stability is at its mean and 1 std above
. adjust sanction=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.279272
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. adjust sanction=0 polity21=13.4 lndurable=3.94 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 0, polity21 = 13.4, lndurable = 3.94, incidence = 0, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.152449
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. * When civil war =0 and 1
. adjust sanction=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.279272
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. adjust sanction=0 polity21=13.4 lndurable=2.6 incidence=1 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: sanction = 0, polity21 = 13.4, lndurable = 2.6, incidence = 1, ethfrac = .4, colbrit = 0, colfra = 0,{res}
                        {txt} timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.441488
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. *when extensive sanction = 0 and extensive sanction =1
. xtreg Dicrginvstprof compsanct limitsanct polity21 lndurable incidence ethfrac colbrit colfra timetrend Licrginvstprof eeurop lamerica ssafrica nafrme asia 
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2429
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1512                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0384                                        {txt}avg = {res}     19.0
{txt}       overall = {res}0.1162                                        {txt}max = {res}       21

                                                {txt}Wald chi2({res}15{txt})      = {res}   317.19
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}Dicrginvstprof{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}compsanct {c |}{col 16}{res}{space 2}-.3406658{col 28}{space 2} .0847793{col 39}{space 1}   -4.02{col 48}{space 3}0.000{col 56}{space 4}-.5068302{col 69}{space 3}-.1745013
{txt}{space 4}limitsanct {c |}{col 16}{res}{space 2} -.068567{col 28}{space 2} .0617612{col 39}{space 1}   -1.11{col 48}{space 3}0.267{col 56}{space 4}-.1896166{col 69}{space 3} .0524827
{txt}{space 6}polity21 {c |}{col 16}{res}{space 2} .0151192{col 28}{space 2} .0039922{col 39}{space 1}    3.79{col 48}{space 3}0.000{col 56}{space 4} .0072946{col 69}{space 3} .0229438
{txt}{space 5}lndurable {c |}{col 16}{res}{space 2} .0995317{col 28}{space 2} .0195102{col 39}{space 1}    5.10{col 48}{space 3}0.000{col 56}{space 4} .0612924{col 69}{space 3} .1377709
{txt}{space 5}incidence {c |}{col 16}{res}{space 2}-.1448511{col 28}{space 2} .0547945{col 39}{space 1}   -2.64{col 48}{space 3}0.008{col 56}{space 4}-.2522463{col 69}{space 3}-.0374558
{txt}{space 7}ethfrac {c |}{col 16}{res}{space 2} .0977707{col 28}{space 2} .0909363{col 39}{space 1}    1.08{col 48}{space 3}0.282{col 56}{space 4}-.0804612{col 69}{space 3} .2760026
{txt}{space 7}colbrit {c |}{col 16}{res}{space 2}-.0547222{col 28}{space 2} .0498084{col 39}{space 1}   -1.10{col 48}{space 3}0.272{col 56}{space 4}-.1523449{col 69}{space 3} .0429006
{txt}{space 8}colfra {c |}{col 16}{res}{space 2}-.0654891{col 28}{space 2} .0675336{col 39}{space 1}   -0.97{col 48}{space 3}0.332{col 56}{space 4}-.1978526{col 69}{space 3} .0668743
{txt}{space 5}timetrend {c |}{col 16}{res}{space 2} .0489718{col 28}{space 2} .0036791{col 39}{space 1}   13.31{col 48}{space 3}0.000{col 56}{space 4} .0417608{col 69}{space 3} .0561828
{txt}Licrginvstprof {c |}{col 16}{res}{space 2}-.1720613{col 28}{space 2}  .011026{col 39}{space 1}  -15.61{col 48}{space 3}0.000{col 56}{space 4}-.1936718{col 69}{space 3}-.1504507
{txt}{space 8}eeurop {c |}{col 16}{res}{space 2} .0323196{col 28}{space 2} .0949096{col 39}{space 1}    0.34{col 48}{space 3}0.733{col 56}{space 4}-.1536997{col 69}{space 3}  .218339
{txt}{space 6}lamerica {c |}{col 16}{res}{space 2}-.0915482{col 28}{space 2}  .073293{col 39}{space 1}   -1.25{col 48}{space 3}0.212{col 56}{space 4}-.2351999{col 69}{space 3} .0521034
{txt}{space 6}ssafrica {c |}{col 16}{res}{space 2}-.0541883{col 28}{space 2} .1032688{col 39}{space 1}   -0.52{col 48}{space 3}0.600{col 56}{space 4}-.2565914{col 69}{space 3} .1482148
{txt}{space 8}nafrme {c |}{col 16}{res}{space 2} .1430134{col 28}{space 2} .0952144{col 39}{space 1}    1.50{col 48}{space 3}0.133{col 56}{space 4}-.0436033{col 69}{space 3} .3296302
{txt}{space 10}asia {c |}{col 16}{res}{space 2} -.097427{col 28}{space 2} .0863059{col 39}{space 1}   -1.13{col 48}{space 3}0.259{col 56}{space 4}-.2665834{col 69}{space 3} .0717293
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-96.84484{col 28}{space 2}  7.28701{col 39}{space 1}  -13.29{col 48}{space 3}0.000{col 56}{space 4}-111.1271{col 69}{space 3}-82.56256
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res}         0
       {txt}sigma_e {c |} {res} .92097599
           {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}. 
. adjust compsanct=0 limitsanct=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: compsanct = 0, limitsanct = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0,{res}
                        {txt} colfra = 0, timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.253766
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. adjust compsanct=1 limitsanct=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: compsanct = 1, limitsanct = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0,{res}
                        {txt} colfra = 0, timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.594432
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. *when high cost sanction =0 and 1
. xtreg Dicrginvstprof majsanct minsanct polity21 lndurable incidence ethfrac colbrit colfra timetrend Licrginvstprof eeurop lamerica ssafrica nafrme asia 
{res}
{txt}Random-effects GLS regression                   Number of obs      = {res}     2429
{txt}Group variable: {res}ccode                           {txt}Number of groups   = {res}      128

{txt}R-sq:  within  = {res}0.1487                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0378                                        {txt}avg = {res}     19.0
{txt}       overall = {res}0.1144                                        {txt}max = {res}       21

                                                {txt}Wald chi2({res}15{txt})      = {res}   311.58
{txt}corr(u_i, X)   = {res}0{txt} (assumed)                    Prob > chi2        =    {res}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}Dicrginvstprof{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 6}majsanct {c |}{col 16}{res}{space 2}-.2899325{col 28}{space 2} .0912364{col 39}{space 1}   -3.18{col 48}{space 3}0.001{col 56}{space 4}-.4687527{col 69}{space 3}-.1111124
{txt}{space 6}minsanct {c |}{col 16}{res}{space 2}-.1011125{col 28}{space 2} .0613331{col 39}{space 1}   -1.65{col 48}{space 3}0.099{col 56}{space 4}-.2213232{col 69}{space 3} .0190982
{txt}{space 6}polity21 {c |}{col 16}{res}{space 2} .0146966{col 28}{space 2} .0040231{col 39}{space 1}    3.65{col 48}{space 3}0.000{col 56}{space 4} .0068115{col 69}{space 3} .0225818
{txt}{space 5}lndurable {c |}{col 16}{res}{space 2} .0874612{col 28}{space 2} .0193791{col 39}{space 1}    4.51{col 48}{space 3}0.000{col 56}{space 4} .0494787{col 69}{space 3} .1254436
{txt}{space 5}incidence {c |}{col 16}{res}{space 2} -.147276{col 28}{space 2} .0548945{col 39}{space 1}   -2.68{col 48}{space 3}0.007{col 56}{space 4}-.2548671{col 69}{space 3}-.0396848
{txt}{space 7}ethfrac {c |}{col 16}{res}{space 2} .0817975{col 28}{space 2} .0920436{col 39}{space 1}    0.89{col 48}{space 3}0.374{col 56}{space 4}-.0986047{col 69}{space 3} .2621996
{txt}{space 7}colbrit {c |}{col 16}{res}{space 2}-.0310945{col 28}{space 2} .0497342{col 39}{space 1}   -0.63{col 48}{space 3}0.532{col 56}{space 4}-.1285717{col 69}{space 3} .0663827
{txt}{space 8}colfra {c |}{col 16}{res}{space 2}-.0413817{col 28}{space 2} .0669081{col 39}{space 1}   -0.62{col 48}{space 3}0.536{col 56}{space 4}-.1725192{col 69}{space 3} .0897557
{txt}{space 5}timetrend {c |}{col 16}{res}{space 2} .0488255{col 28}{space 2} .0037092{col 39}{space 1}   13.16{col 48}{space 3}0.000{col 56}{space 4} .0415555{col 69}{space 3} .0560955
{txt}Licrginvstprof {c |}{col 16}{res}{space 2}-.1699647{col 28}{space 2} .0110108{col 39}{space 1}  -15.44{col 48}{space 3}0.000{col 56}{space 4}-.1915455{col 69}{space 3}-.1483839
{txt}{space 8}eeurop {c |}{col 16}{res}{space 2} .0190347{col 28}{space 2} .0953232{col 39}{space 1}    0.20{col 48}{space 3}0.842{col 56}{space 4}-.1677953{col 69}{space 3} .2058647
{txt}{space 6}lamerica {c |}{col 16}{res}{space 2}-.1066454{col 28}{space 2} .0735018{col 39}{space 1}   -1.45{col 48}{space 3}0.147{col 56}{space 4}-.2507062{col 69}{space 3} .0374155
{txt}{space 6}ssafrica {c |}{col 16}{res}{space 2}-.0636885{col 28}{space 2} .1032937{col 39}{space 1}   -0.62{col 48}{space 3}0.538{col 56}{space 4}-.2661404{col 69}{space 3} .1387633
{txt}{space 8}nafrme {c |}{col 16}{res}{space 2}  .081711{col 28}{space 2} .0959835{col 39}{space 1}    0.85{col 48}{space 3}0.395{col 56}{space 4}-.1064133{col 69}{space 3} .2698353
{txt}{space 10}asia {c |}{col 16}{res}{space 2}-.1359683{col 28}{space 2} .0876443{col 39}{space 1}   -1.55{col 48}{space 3}0.121{col 56}{space 4} -.307748{col 69}{space 3} .0358114
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-96.51472{col 28}{space 2}  7.34291{col 39}{space 1}  -13.14{col 48}{space 3}0.000{col 56}{space 4}-110.9066{col 69}{space 3}-82.12288
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res}         0
       {txt}sigma_e {c |} {res} .92116222
           {txt}rho {c |} {res}         0{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}. 
. adjust majsanct=0 minsanct=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: majsanct = 0, minsanct = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0,{res}
                        {txt} colfra = 0, timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.243853
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. adjust majsanct=1 minsanct=0 polity21=13.4 lndurable=2.6 incidence=0 ethfrac=0.4 colbrit=0 colfra=0 timetrend=1985 Licrginvstprof=6.5 eeurop=0 lamerica=0 ssafrica=0 nafrme=0 asia=0

{txt}{hline 137}
     Dependent variable: Dicrginvst~f     Command: xtreg
Covariates set to value: majsanct = 1, minsanct = 0, polity21 = 13.4, lndurable = 2.6, incidence = 0, ethfrac = .4, colbrit = 0,{res}
                        {txt} colfra = 0, timetrend = 1985, Licrginvst~f = 6.5, eeurop = 0, lamerica = 0, ssafrica = 0, nafrme = 0, asia = 0{res}
{txt}{hline 137}

{hline 10}{c TT}{hline 11}
      All {c |}         xb
{hline 10}{c +}{hline 11}
          {c |}   {res}-.533786
{txt}{hline 10}{c BT}{hline 11}
     Key:  xb  =  Linear Prediction

{com}. 
. 
. 
{txt}end of do-file

{com}. log close
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\dpeksen\Desktop\My Documents\Research Material\Sanctions\SanctionsandPropertyRights\Data and Do File\SENTReplication Data and Do Files\PeksenFPAReplicationLog.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res} 7 Jul 2014, 18:39:27
{txt}{.-}
{smcl}
{txt}{sf}{ul off}